3, Common Bank Lane
3, Common Bank Lane
Description & Estimates
The public record describes 3, Common Bank Lane, Chorley as an early-century house with 1,937 ft2 of internal area, sitting on a 337 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
3, Common Bank Lane, Chorley has an estimated sale value of £158,657 and an estimated rental value of £854 per month, assuming reasonable condition and based on the information available.
Common Bank Lane, Chorley, PR7 lies in the borough of Chorley, within the PR7 postal district.
Our Data Sources
3, Common Bank Lane, Chorley has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Common Bank Lane, Chorley would be worth £166,590, with a potential rental value of £897 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £147,551, with a rental value of £794 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Common Bank Lane, Chorley has moved down by £515 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £17 (2.0%). The property's estimated gross yield is currently 6.5%.
Plot Size
3, Common Bank Lane, Chorley occupies a 337 m2 plot as recorded by HM Land Registry.
All 8 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
3, Common Bank Lane, Chorley has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 06 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
3, Common Bank Lane, Chorley last changed hands on 31st July 1997, selling for £45,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
- Sold Jul 1997£45,000
- Sold May 1997£26,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 1.1 kilometres of 3, Common Bank Lane, Chorley across the last 2 years.
Most recently, 24, Hornchurch Drive, Chorley, PR7 2RJ, a freehold house, sold at £355,000 on the 13th December 2021.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Common Bank Lane, Chorley as the 3rd largest and the 3rd most expensive of the 8 addresses on Common Bank Lane, Chorley, PR7.
Against the PR7 postcode district average, it is £80k less expensive than the typical property.
More reading links
Schools Nearby
- 500mSt Mary's Catholic Primary School and Nursery, Chorley
- 900mBalshaw Lane Community Primary School
- 1.2kmBuckshaw Primary School
- 700mParklands High School
- 1.4kmSouthlands High School
- 1.5kmSt Michael's Church of England High School
More reading links
Public Transport Nearby
Chorley station is the nearest stop to 3, Common Bank Lane, Chorley at 1.9 kilometres away.
- 1.9kmChorley
- 2.2kmBuckshaw Parkway
- 2.2kmEuxton Balshaw Lane
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
