2, SPRINGWATER CLOSE, BUCKSHAW VILLAGE, CHORLEY, PR7 7FF - £110,000

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 SPRINGWATER CLOSE is a very small detached house of 44m², built sometime from 2012 onwards, which could now be worth an estimated £165,457. It was last sold for £110,000 in December 2013, which was around 49% below the average December 2013 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was A.

2 SPRINGWATER CLOSE Sold Prices

Land registry data shows two sales for 2 SPRINGWATER 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 South Ribble local authority area for the corresponding sale date. Both of the two 2 SPRINGWATER CLOSE 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
2013 20 DEC	£110,000	£216,988	49% below HPI
2012 27 SEP	£80,000	£203,086	61% below HPI

2 SPRINGWATER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 2 SPRINGWATER CLOSE sales from September 2012 and December 2013 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 September 2012 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the December 2013 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 2 SPRINGWATER CLOSE be worth now?

2 SPRINGWATER CLOSE might now be worth an estimated £165,457.

This is based on house price inflation of 50.4%, between December 2013 and March 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.4% inflationary increase is applied to the most recent sale price for 2 SPRINGWATER CLOSE of £110,000 on 20th December 2013. For the value to have increased from £110,000 to £165,457 over the twelve years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 SPRINGWATER CLOSE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The December 2013 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGWATER CLOSE has not materially changed since December 2013.

How Large is 2 SPRINGWATER CLOSE?

2 SPRINGWATER CLOSE is 44m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses houses in Worden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worden, and where 2 SPRINGWATER CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 SPRINGWATER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Worden.

2 SPRINGWATER CLOSE: Plot and Title Map

2 SPRINGWATER CLOSE sits on a plot of roughly 1.9 acres, or 7,605m². The below map shows the location of 2 SPRINGWATER 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 SPRINGWATER 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 SPRINGWATER CLOSE?

2 SPRINGWATER CLOSE is located in BUCKSHAW VILLAGE, in the PR7 postcode district. The below map shows the position of No. 2 on SPRINGWATER CLOSE.