16, WELCH WALK, BUCKSHAW VILLAGE, CHORLEY, PR7 7HQ - £218,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 WELCH WALK is a very small detached house of 82m², built sometime between 2007 and 2011. It was last sold for £218,000 in April 2023, which was around 33% below the average April 2023 detached price in the Chorley local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

16 WELCH WALK Sold Prices

Land registry data shows four sales for 16 WELCH WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the four 16 WELCH WALK 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 27 APR	£218,000	£324,796	33% below HPI
2020 2 NOV	£168,000	£289,027	42% below HPI
2016 10 MAY	£152,000	£239,065	36% below HPI
2013 20 SEP	£159,996	£219,375	27% below HPI

16 WELCH WALK 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 four 16 WELCH WALK sales between September 2013 and April 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 November 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 WELCH WALK?

16 WELCH WALK is 82m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Worden, based on EPC data. The below chart shows the distribution of detached houses by size in Worden, and where 16 WELCH WALK lies on this distribution: 8% of detached houses are smaller than 16 WELCH WALK, and 92% of houses are larger. Note that EPC data is not available for all properties in Worden.

16 WELCH WALK: Plot and Title Map

16 WELCH WALK sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 16 WELCH WALK, 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 WELCH WALK). 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 WELCH WALK?

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