63, Chapel Lane
63, Chapel Lane
Description & Estimates
According to the public record, 63, Chapel Lane, Preston is a modern leasehold house with 2,594 ft2 of internal area.
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 63, Chapel Lane, Preston is £448,076 and the estimated rental value is £1,788 per month.
Chapel Lane, Hoghton, Preston, PR5 is located in the borough of Chorley within the PR5 postal district.
Our Data Sources
63, Chapel Lane, Preston has 2 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 63, Chapel Lane, Preston is in very good condition we estimate a sale value of £470,480 and a rental value of £1,878 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £416,711 and a rental value of £1,663 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 63, Chapel Lane, Preston has moved down by £7,271 (1.6%), while its estimated rental value has increased by £35 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
63, Chapel Lane, Preston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 63, Chapel Lane, Preston was last sold on 22nd May 2017 for £270,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has dropped by 14.6%.
- Sold May 2017£270,000
- Sold Dec 2007£350,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Chapel Lane, Preston within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 1 The Croft, Station Road, Preston, PR5 0DD, a freehold house which sold for £385,000 on the 31st October 2023.
Read more about house prices in PR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Chapel Lane, Hoghton, Preston, PR5 has a total of 38 addresses. According to our analysis of all the public data, 63, Chapel Lane, Preston is the 3rd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £239k more expensive than the average property in PR5.
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Schools Nearby
- 2.5kmSt Joseph's Catholic Primary School, Brindle
- 2.5kmBrindle Gregson Lane Primary School
- 2.5kmCoupe Green Primary School
- 4.4kmSt Bede's Roman Catholic High School, Blackburn
- 4.7kmWitton Park Academy
- 4.8kmWalton-Le-Dale High School
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Public Transport Nearby
The closest station to 63, Chapel Lane, Preston is Pleasington station, which is 2.6 kilometres away.
- 2.6kmPleasington
- 4.2kmCherry Tree
- 5.3kmBamber Bridge
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
