16, CHANDLERS CLOSE, BUCKSHAW VILLAGE, CHORLEY, PR7 7DY - £130,000

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.

16 CHANDLERS CLOSE is a very small detached house of 63m², which could now be worth an estimated £204,570. It was last sold for £130,000 in May 2014, which was around 37% below the average May 2014 detached price in the Chorley local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

16 CHANDLERS CLOSE Sold Prices

Land registry data shows two sales for 16 CHANDLERS 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 Chorley local authority area for the corresponding sale date. Both of the two 16 CHANDLERS 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
2014 23 MAY	£130,000	£206,304	37% below HPI
2011 30 JUN	£123,995	£200,067	38% below HPI

16 CHANDLERS CLOSE 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 16 CHANDLERS CLOSE sales from June 2011 and May 2014 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 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2014 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 16 CHANDLERS CLOSE be worth now?

16 CHANDLERS CLOSE might now be worth an estimated £204,570.

This is based on house price inflation of 57.4%, between May 2014 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 57.4% inflationary increase is applied to the most recent sale price for 16 CHANDLERS CLOSE of £130,000 on 23rd May 2014. For the value to have increased from £130,000 to £204,570 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 16 CHANDLERS CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The May 2014 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHANDLERS CLOSE has not materially changed since May 2014.

How Large is 16 CHANDLERS CLOSE?

16 CHANDLERS CLOSE is 63m² according to the EPC inspection conducted in June 2011. 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 16 CHANDLERS CLOSE lies on this distribution: 4% of detached houses houses are smaller than 16 CHANDLERS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Worden.

16 CHANDLERS CLOSE: Plot and Title Map

16 CHANDLERS CLOSE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 16 CHANDLERS 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 16 CHANDLERS 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 16 CHANDLERS CLOSE?

16 CHANDLERS CLOSE is located in BUCKSHAW VILLAGE, in the PR7 postcode district. The below map shows the position of No. 16 on CHANDLERS CLOSE.