15, MARTLET GROVE, BUCKSHAW VILLAGE, CHORLEY, PR7 7LW - £280,000

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 MARTLET GROVE is a very small detached house of 90m², which could now be worth an estimated £299,341. It was last sold for £280,000 in May 2022, which was around 8% below the average May 2022 detached price in the Chorley local authority area. The most recent EPC inspection was April 2020, where the current energy rating was B, and the potential energy rating was A.

15 MARTLET GROVE Sold Prices

Land registry data shows two sales for 15 MARTLET 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 15 MARTLET 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
2022 31 MAY	£280,000	£303,667	8% below HPI
2020 20 AUG	£214,995	£263,622	18% below HPI

15 MARTLET 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 15 MARTLET GROVE sales from August 2020 and May 2022 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 August 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 MARTLET GROVE be worth now?

15 MARTLET GROVE might now be worth an estimated £299,341.

This is based on house price inflation of 6.9%, between May 2022 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 6.9% inflationary increase is applied to the most recent sale price for 15 MARTLET GROVE of £280,000 on 31st May 2022. For the value to have increased from £280,000 to £299,341 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 15 MARTLET GROVE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The May 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MARTLET GROVE has not materially changed since May 2022.

How Large is 15 MARTLET GROVE?

15 MARTLET GROVE is 90m² according to the EPC inspection conducted in April 2020. This puts it in the smallest 20% 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 MARTLET GROVE lies on this distribution: 16% of detached houses houses are smaller than 15 MARTLET GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Worden.

15 MARTLET GROVE: Plot and Title Map

15 MARTLET GROVE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 15 MARTLET 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 15 MARTLET 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 15 MARTLET GROVE?

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