1, PINE GROVE, CHORLEY, PR6 7BW - £325,000

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 PINE GROVE is a very large extended detached house of 178m², built sometime between 1976 and 1982, which could now be worth an estimated £399,375. It was last sold for £325,000 in July 2020, which was around 23% above the average July 2020 detached price in the Chorley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

1 PINE GROVE Sold Prices

Land registry data shows two sales for 1 PINE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 1 PINE GROVE sales were 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
2020 17 JUL	£325,000	£264,185	23% above HPI
2005 20 DEC	£285,600	£199,292	43% above HPI

1 PINE GROVE 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 two 1 PINE GROVE sales from December 2005 and July 2020 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 December 2005 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the July 2020 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 1 PINE GROVE be worth now?

1 PINE GROVE might now be worth an estimated £399,375.

This is based on house price inflation of 22.9%, between July 2020 and February 2025, for 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 22.9% inflationary increase is applied to the most recent sale price for 1 PINE GROVE of £325,000 on 17th July 2020. For the value to have increased from £325,000 to £399,375 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 PINE GROVE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The July 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PINE GROVE has not materially changed since July 2020.

How Large is 1 PINE GROVE?

1 PINE GROVE is 178m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorley, and where 1 PINE GROVE lies on this distribution: 94% of detached houses houses are smaller than 1 PINE GROVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Chorley.

1 PINE GROVE: Plot and Title Map

1 PINE GROVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 1 PINE GROVE, 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 PINE GROVE). 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 PINE GROVE?

1 PINE GROVE is located in CHORLEY, in the PR6 postcode district. The below map shows the position of No. 1 on PINE GROVE.