2, FOLLY WOOD DRIVE, CHORLEY, PR7 2FW - £201,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 FOLLY WOOD DRIVE is a midsized detached house of 119m², built sometime between 2003 and 2006, which could now be worth an estimated £294,572. It was last sold for £201,000 in April 2007, which was around 9% 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.

2 FOLLY WOOD DRIVE Sold Prices

Land registry data shows two sales for 2 FOLLY WOOD DRIVE 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 2 FOLLY WOOD DRIVE sales was for below the average price, whilst the other was 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
2007 10 APR	£201,000	£220,900	9% below HPI
2005 14 NOV	£201,950	£202,913	Close to HPI

2 FOLLY WOOD DRIVE 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 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2007 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 FOLLY WOOD DRIVE be worth now?

2 FOLLY WOOD DRIVE might now be worth an estimated £294,572.

This is based on house price inflation of 46.6%, between April 2007 and March 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 46.6% inflationary increase is applied to the most recent sale price for 2 FOLLY WOOD DRIVE of £201,000 on 10th April 2007. For the value to have increased from £201,000 to £294,572 over the eighteen years and one month to March 2025, the following assumptions must hold true:

• The value of 2 FOLLY WOOD DRIVE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The April 2007 sale price of £201,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FOLLY WOOD DRIVE has not materially changed since April 2007.

How Large is 2 FOLLY WOOD DRIVE?

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 houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorley, and where 2 FOLLY WOOD DRIVE lies on this distribution: 54% of detached houses 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: Plot and Title Map

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.

Where is 2 FOLLY WOOD DRIVE?

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.