1, GREAT WOOD CLOSE, CHORLEY, PR7 2FJ - £208,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GREAT WOOD CLOSE is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £208,000 in October 2019, which was around 24% below the average October 2019 detached price in the Chorley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

1 GREAT WOOD CLOSE Sold Prices

Land registry data shows three sales for 1 GREAT WOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 1 GREAT WOOD CLOSE sales were for below 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
2019 31 OCT	£208,000	£274,040	24% below HPI
2007 28 SEP	£185,000	£238,411	22% below HPI
2003 27 AUG	£129,950	£158,613	18% below HPI

1 GREAT WOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The three 1 GREAT WOOD CLOSE sales between August 2003 and October 2019 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 September 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 GREAT WOOD CLOSE?

1 GREAT WOOD CLOSE is 100m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 1 GREAT WOOD CLOSE lies on this distribution: 32% of detached houses are smaller than 1 GREAT WOOD CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Chorley.

1 GREAT WOOD CLOSE: Plot and Title Map

1 GREAT WOOD CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 1 GREAT WOOD CLOSE, 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 GREAT WOOD CLOSE). 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 GREAT WOOD CLOSE?

1 GREAT WOOD CLOSE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 1 on GREAT WOOD CLOSE.