According to the public record, 94, Spendmore Lane, Chorley is a period leasehold house and with 1,506 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Spendmore Lane, Coppull, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
94, Spendmore Lane, Chorley has 21 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 94 Spendmore Lane Chorley as £299,341 and the rental value as £1,194 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 94 Spendmore Lane Chorley has decreased by £2,125 (0.7%) and its rental value has increased by £33 per month (2.7%).
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 94, Spendmore Lane, Chorley is in very good condition we estimate a sale value of £314,308 and rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,387 and a rental value of £1,110 per month.
If you were able to purchase this property for the estimated value of £299,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,471 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 94, Spendmore Lane, Chorley was last sold on 01 Dec 2016 for £120,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Dec 2016, the market for similar properties has risen 31.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 94, Spendmore Lane, Chorley within a radius of 431m over the last 2 years.
The most recent example is 70, Poplar Drive, Chorley, PR7 4LS, a Leasehold house which sold for £325,000 in Jun 2024.
Read more about house prices in PR7.
Spendmore Lane, Coppull, Chorley, PR7 has a total of 294 addresses. According to our analysis of all the public data, 94, Spendmore Lane, Chorley is the 14th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in PR7.
94, Spendmore Lane, Chorley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Apr 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 94, Spendmore Lane, Chorley is Chorley station which is 3.6 km away.
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 94, Spendmore Lane, Chorley, 42.0% of property is privately owned outright and 36.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 94, Spendmore Lane, Chorley, 16.4% of residents are recorded as possessing school level qualifications and 30.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 94, 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 94, Spendmore Lane, Chorley, 0.6% 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 94, 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.