15, COLLISON AVENUE, CHORLEY, PR7 2TH - £160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 COLLISON AVENUE is a very small detached house of 89m², built sometime between 1900 and 1929. It was last sold for £160,000 in April 2005, which was around 21% below the average April 2005 detached price in the Chorley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was D.

15 COLLISON AVENUE Sold Prices

Land registry data shows two sales for 15 COLLISON AVENUE 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 15 COLLISON AVENUE 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
2005 29 APR	£160,000	£201,844	21% below HPI
1995 15 DEC	£60,000	£74,743	20% below HPI

15 COLLISON AVENUE 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 15 COLLISON AVENUE sales from December 1995 and April 2005 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 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2005 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 COLLISON AVENUE be worth now?

15 COLLISON AVENUE might now be worth an estimated £261,352.

This is based on house price inflation of 63.3%, between April 2005 and December 2024, 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 63.3% inflationary increase is applied to the most recent sale price for 15 COLLISON AVENUE of £160,000 on 29th April 2005. For the value to have increased from £160,000 to £261,352 over the eighteen years and four months to December 2024, the following assumptions must hold true:

• The value of 15 COLLISON AVENUE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The April 2005 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 COLLISON AVENUE has not materially changed since April 2005.

How Large is 15 COLLISON AVENUE?

15 COLLISON AVENUE is 89m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% 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 15 COLLISON AVENUE lies on this distribution: 19% of detached houses houses are smaller than 15 COLLISON AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Chorley.

15 COLLISON AVENUE: Plot and Title Map

15 COLLISON AVENUE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 15 COLLISON AVENUE, 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 15 COLLISON AVENUE). 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 15 COLLISON AVENUE?

15 COLLISON AVENUE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 15 on COLLISON AVENUE.