14, THE GROVE, CHORLEY, PR7 1PU - £197,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 THE GROVE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £197,000 in May 2019, which was around 26% below the average May 2019 detached price in the Chorley local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

14 THE GROVE Sold Prices

Land registry data shows three sales for 14 THE GROVE 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 14 THE GROVE 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 1 MAY	£197,000	£265,522	26% below HPI
2014 6 JAN	£182,500	£211,009	14% below HPI
2006 15 JUN	£160,000	£220,610	27% below HPI

14 THE 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 three 14 THE GROVE sales between June 2006 and May 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 January 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 14 THE GROVE?

14 THE GROVE is 82m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 14 THE GROVE lies on this distribution: 14% of detached houses are smaller than 14 THE GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chorley.

14 THE GROVE: Plot and Title Map

14 THE GROVE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 14 THE 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 14 THE 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 14 THE GROVE?

14 THE GROVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 14 on THE GROVE.