1, FARRIERS WAY, BUCKSHAW VILLAGE, CHORLEY, PR7 7BH - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FARRIERS WAY is a very small semi-detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £185,123. It was last sold for £180,000 in November 2022, which was around 8% below the average November 2022 semi-detached price in the Chorley local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was A.

1 FARRIERS WAY Sold Prices

Land registry data shows two sales for 1 FARRIERS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. One of the two 1 FARRIERS WAY sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 25 NOV	£180,000	£196,043	8% below HPI
2006 24 NOV	£189,700	£135,424	40% above HPI

1 FARRIERS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The two 1 FARRIERS WAY sales from November 2006 and November 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2006 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 FARRIERS WAY be worth now?

1 FARRIERS WAY might now be worth an estimated £185,123.

This is based on house price inflation of 2.8%, between November 2022 and February 2025, for semi-detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% inflationary increase is applied to the most recent sale price for 1 FARRIERS WAY of £180,000 on 25th November 2022. For the value to have increased from £180,000 to £185,123 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 FARRIERS WAY has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The November 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FARRIERS WAY has not materially changed since November 2022.

How Large is 1 FARRIERS WAY?

1 FARRIERS WAY is 77m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of semi-detached houses houses in Worden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worden, and where 1 FARRIERS WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 1 FARRIERS WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Worden.

1 FARRIERS WAY: Plot and Title Map

1 FARRIERS WAY sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 1 FARRIERS WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FARRIERS WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 FARRIERS WAY?

1 FARRIERS WAY is located in BUCKSHAW VILLAGE, in the PR7 postcode district. The below map shows the position of No. 1 on FARRIERS WAY.