15, FARRIERS WAY, BUCKSHAW VILLAGE, CHORLEY, PR7 7BH - £244,000

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.

15 FARRIERS WAY is a large detached house of 126m², which could now be worth an estimated £330,624. It was last sold for £244,000 in September 2016, which was around 2% above the average September 2016 detached price in the Chorley local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

15 FARRIERS WAY Sold Prices

Land registry data shows two sales for 15 FARRIERS WAY 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 FARRIERS WAY 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
2016 30 SEP	£244,000	£239,586	2% above HPI
2011 15 APR	£254,995	£210,936	21% above HPI

15 FARRIERS WAY 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 FARRIERS WAY sales from April 2011 and September 2016 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 April 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 15 FARRIERS WAY be worth now?

15 FARRIERS WAY might now be worth an estimated £330,624.

This is based on house price inflation of 35.5%, between September 2016 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 35.5% inflationary increase is applied to the most recent sale price for 15 FARRIERS WAY of £244,000 on 30th September 2016. For the value to have increased from £244,000 to £330,624 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 FARRIERS WAY has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2016 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FARRIERS WAY has not materially changed since September 2016.

How Large is 15 FARRIERS WAY?

15 FARRIERS WAY is 126m² according to the EPC inspection conducted in January 2011. This puts it in the largest 40% 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 15 FARRIERS WAY lies on this distribution: 68% of detached houses houses are smaller than 15 FARRIERS WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Worden.

15 FARRIERS WAY: Plot and Title Map

15 FARRIERS WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 15 FARRIERS WAY, 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 FARRIERS WAY). 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 FARRIERS WAY?

15 FARRIERS WAY is located in BUCKSHAW VILLAGE, in the PR7 postcode district. The below map shows the position of No. 15 on FARRIERS WAY.