16, LORDS WOOD CLOSE, CHORLEY, PR7 2FH - £250,000

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

16 LORDS WOOD CLOSE is a large detached house of 141m², built sometime between 2003 and 2006, which could now be worth an estimated £352,549. It was last sold for £250,000 in December 2016, which was around 9% above the average December 2016 detached price in the Chorley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

16 LORDS WOOD CLOSE Sold Prices

Land registry data shows three sales for 16 LORDS WOOD CLOSE 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. The three 16 LORDS WOOD CLOSE sales were a mix of above the average price, and roughly equal to 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 5 DEC	£250,000	£230,211	9% above HPI
2008 15 FEB	£231,500	£231,323	Close to HPI
2004 19 AUG	£194,000	£191,580	1% above HPI

16 LORDS WOOD 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 three 16 LORDS WOOD CLOSE sales between August 2004 and December 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 February 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2016 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 16 LORDS WOOD CLOSE be worth now?

16 LORDS WOOD CLOSE might now be worth an estimated £352,549.

This is based on house price inflation of 41%, between December 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 41% inflationary increase is applied to the most recent sale price for 16 LORDS WOOD CLOSE of £250,000 on 5th December 2016. For the value to have increased from £250,000 to £352,549 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 LORDS WOOD CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The December 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LORDS WOOD CLOSE has not materially changed since December 2016.

How Large is 16 LORDS WOOD CLOSE?

16 LORDS WOOD CLOSE is 141m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% 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 16 LORDS WOOD CLOSE lies on this distribution: 77% of detached houses houses are smaller than 16 LORDS WOOD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Chorley.

16 LORDS WOOD CLOSE: Plot and Title Map

16 LORDS WOOD CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 16 LORDS WOOD 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 LORDS WOOD 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 LORDS WOOD CLOSE?

16 LORDS WOOD CLOSE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 16 on LORDS WOOD CLOSE.