16, THE GROVE, CHORLEY, PR7 1PU - £197,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 THE GROVE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £197,000 in February 2023, which was around 41% below the average February 2023 detached price in the Chorley local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

16 THE GROVE Sold Prices

Land registry data shows two sales for 16 THE 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 16 THE 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
2023 16 FEB	£197,000	£333,670	41% below HPI
2009 4 SEP	£167,000	£216,620	23% below HPI

16 THE 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 16 THE GROVE sales from September 2009 and February 2023 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 September 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 16 THE GROVE?

16 THE GROVE is 67m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 16 THE GROVE lies on this distribution: 3% of detached houses are smaller than 16 THE GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chorley.

16 THE GROVE: Plot and Title Map

16 THE GROVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 16 THE 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 16 THE 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 16 THE GROVE?

16 THE GROVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 16 on THE GROVE.