2, MERTON GROVE, CHORLEY, PR6 8UR - £450,000

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

2 MERTON GROVE is a very large extended detached house of 192m², built sometime between 1983 and 1990. It was last sold for £450,000 in January 2023, which was around 33% above the average January 2023 detached price in the Chorley local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was C.

2 MERTON GROVE Sold Prices

Land registry data shows two sales for 2 MERTON GROVE 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 MERTON GROVE 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
2023 6 JAN	£450,000	£338,767	33% above HPI
1995 11 OCT	£125,000	£77,421	61% above HPI

2 MERTON GROVE 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 MERTON GROVE sales from October 1995 and January 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 October 1995 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2023 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 2 MERTON GROVE?

2 MERTON GROVE is 192m², which includes three extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 10% 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 MERTON GROVE lies on this distribution: 96% of detached houses are smaller than 2 MERTON GROVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Chorley.

2 MERTON GROVE: Plot and Title Map

2 MERTON GROVE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 2 MERTON GROVE, 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 MERTON GROVE). 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 MERTON GROVE?

2 MERTON GROVE is located in CHORLEY, in the PR6 postcode district. The below map shows the position of No. 2 on MERTON GROVE.