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
2 FOLLY WOOD DRIVE is a midsized detached house of 119m², built sometime between 2003 and 2006. It was last sold for £201,000 in April 2007, which was around 13% below the average April 2007 detached price in the Chorley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 FOLLY WOOD DRIVE since 1st 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 2 FOLLY WOOD DRIVE 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 |
---|---|---|---|
2007 10 APR | £201,000 | £231,338 | 13% below HPI |
2005 14 NOV | £201,950 | £212,500 | 5% below HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 2 FOLLY WOOD DRIVE sales from November 2005 and April 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 November 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2007 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
2 FOLLY WOOD DRIVE is 119m² according to the EPC inspection conducted in February 2022. 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 2 FOLLY WOOD DRIVE lies on this distribution: 54% of detached houses are smaller than 2 FOLLY WOOD DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Chorley.
2 FOLLY WOOD DRIVE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 FOLLY WOOD DRIVE, 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 2 FOLLY WOOD DRIVE). 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.
2 FOLLY WOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 2 on FOLLY WOOD DRIVE.