18, BURGH WOOD WAY, CHORLEY, PR7 2FP - £225,000

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

18 BURGH WOOD WAY is a midsized detached house of 119m², built sometime between 2003 and 2006. It was last sold for £225,000 in November 2007, which was around 7% below the average November 2007 detached price in the Chorley local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

18 BURGH WOOD WAY Sold Prices

Land registry data shows two sales for 18 BURGH WOOD WAY 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. One of the two 18 BURGH WOOD WAY sales was for below the average price, whilst the other was for above 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
2007 9 NOV	£225,000	£242,566	7% below HPI
2004 13 FEB	£178,450	£172,848	3% above HPI

18 BURGH WOOD WAY 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 18 BURGH WOOD WAY sales from February 2004 and November 2007 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2007 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 18 BURGH WOOD WAY?

18 BURGH WOOD WAY is 119m² according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 18 BURGH WOOD WAY lies on this distribution: 54% of detached houses are smaller than 18 BURGH WOOD WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Chorley.

18 BURGH WOOD WAY: Plot and Title Map

18 BURGH WOOD WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 18 BURGH WOOD WAY, 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 18 BURGH WOOD WAY). 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 18 BURGH WOOD WAY?

18 BURGH WOOD WAY is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 18 on BURGH WOOD WAY.