2, JOHNS WOOD CLOSE, CHORLEY, PR7 2FB - £272,000

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 JOHNS WOOD CLOSE is a large detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £400,312. It was last sold for £272,000 in September 2014, which was around 23% above the average September 2014 detached price in the Chorley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 JOHNS WOOD CLOSE Sold Prices

Land registry data shows two sales for 2 JOHNS WOOD CLOSE 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 2 JOHNS WOOD CLOSE sales were 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
2014 5 SEP	£272,000	£220,585	23% above HPI
2003 20 JUN	£209,950	£143,317	46% above HPI

2 JOHNS WOOD CLOSE 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 JOHNS WOOD CLOSE sales from June 2003 and September 2014 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 June 2003 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the September 2014 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 JOHNS WOOD CLOSE be worth now?

2 JOHNS WOOD CLOSE might now be worth an estimated £400,312.

This is based on house price inflation of 47.2%, between September 2014 and February 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 47.2% inflationary increase is applied to the most recent sale price for 2 JOHNS WOOD CLOSE of £272,000 on 5th September 2014. For the value to have increased from £272,000 to £400,312 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 JOHNS WOOD CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2014 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 2 JOHNS WOOD CLOSE has not materially changed since September 2014.

How Large is 2 JOHNS WOOD CLOSE?

2 JOHNS WOOD CLOSE is 130m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% 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 JOHNS WOOD CLOSE lies on this distribution: 67% of detached houses houses are smaller than 2 JOHNS WOOD CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Chorley.

2 JOHNS WOOD CLOSE: Plot and Title Map

2 JOHNS WOOD CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 2 JOHNS WOOD CLOSE, 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 JOHNS WOOD CLOSE). 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 JOHNS WOOD CLOSE?

2 JOHNS WOOD CLOSE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 2 on JOHNS WOOD CLOSE.