14, SPRINGWATER CLOSE, BUCKSHAW VILLAGE, CHORLEY, PR7 7FF - £143,000

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.

14 SPRINGWATER CLOSE is a very small detached house of 61m², built sometime from 2012 onwards, which could now be worth an estimated £189,067. It was last sold for £143,000 in September 2019, which was around 42% below the average September 2019 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

14 SPRINGWATER CLOSE Sold Prices

Land registry data shows two sales for 14 SPRINGWATER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two 14 SPRINGWATER 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 30 SEP	£143,000	£244,964	42% below HPI
2012 27 JUN	£120,000	£207,796	42% below HPI

14 SPRINGWATER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 14 SPRINGWATER CLOSE sales from June 2012 and September 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 June 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2019 sale, which was also at 42% below the HPI.

What might 14 SPRINGWATER CLOSE be worth now?

14 SPRINGWATER CLOSE might now be worth an estimated £189,067.

This is based on house price inflation of 32.2%, between September 2019 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.2% inflationary increase is applied to the most recent sale price for 14 SPRINGWATER CLOSE of £143,000 on 30th September 2019. For the value to have increased from £143,000 to £189,067 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 SPRINGWATER CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The September 2019 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPRINGWATER CLOSE has not materially changed since September 2019.

How Large is 14 SPRINGWATER CLOSE?

14 SPRINGWATER CLOSE is 61m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses houses in Worden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worden, and where 14 SPRINGWATER CLOSE lies on this distribution: 3% of detached houses houses are smaller than 14 SPRINGWATER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Worden.

14 SPRINGWATER CLOSE: Plot and Title Map

14 SPRINGWATER CLOSE sits on a plot of roughly 1.9 acres, or 7,605m². The below map shows the location of 14 SPRINGWATER 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 14 SPRINGWATER 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 14 SPRINGWATER CLOSE?

14 SPRINGWATER CLOSE is located in BUCKSHAW VILLAGE, in the PR7 postcode district. The below map shows the position of No. 14 on SPRINGWATER CLOSE.