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According to the public record, 371, Spendmore Lane, Chorley is a period leasehold house with 2,712 ft2 of internal area and sits on a 1,309 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 371, Spendmore Lane, Chorley is £493,474 and the estimated rental value is £1,996 per month.
Spendmore Lane, Coppull, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
371, Spendmore Lane, Chorley has 31 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 371, Spendmore Lane, Chorley is in very good condition we estimate a sale value of £518,148 and a rental value of £2,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,931 and a rental value of £1,856 per month.
Over the last 12 months the sale value of 371 Spendmore Lane Chorley has decreased by an estimated £1,601 (0.3%) and its rental value has increased by an estimated £39 per month (2.0%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 371, Spendmore Lane, Chorley sits on a plot of 1309m2.
We have plot size data on 34 out of 40 other houses in the postcode and 371, Spendmore Lane, Chorley sits on the largest plot.
371, Spendmore Lane, Chorley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 371, Spendmore Lane, Chorley was last sold on 25th September 2018 for £360,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since September 2018, the market for similar properties has risen 33.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 371, Spendmore Lane, Chorley within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Silverlea, Preston Road, Chorley, PR7 5HH, a freehold house which sold for £505,000 on the 18th June 2021.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spendmore Lane, Coppull, Chorley, PR7 has a total of 295 addresses. According to our analysis of all the public data, 371, Spendmore Lane, Chorley is the largest and the most expensive property on the street.
When compared to the postcode district it is £255k more expensive than the average property in PR7.
The closest station to 371, Spendmore Lane, Chorley is Adlington (Lancashire) station which is 4.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 371, Spendmore Lane, Chorley, 33.3% of property is privately owned outright and 32.5% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 371, Spendmore Lane, Chorley, 19.9% of residents are recorded as possessing school level qualifications and 27.7% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 371, Spendmore Lane, Chorley, the average age was 42.7 and the most common age was 52.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 371, Spendmore Lane, Chorley, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 371, Spendmore Lane, Chorley, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
