2, TORMORE CLOSE, HEAPEY, CHORLEY, PR6 9BP - £230,000

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 TORMORE CLOSE is a midsized extended detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £370,580. It was last sold for £230,000 in January 2014, which was around 14% above the average January 2014 detached price in the Chorley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 TORMORE CLOSE Sold Prices

Land registry data shows two sales for 2 TORMORE 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 TORMORE 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 29 JAN	£230,000	£201,489	14% above HPI
1997 16 DEC	£110,000	£81,412	35% above HPI

2 TORMORE 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 TORMORE CLOSE sales from December 1997 and January 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 December 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 TORMORE CLOSE be worth now?

2 TORMORE CLOSE might now be worth an estimated £370,580.

This is based on house price inflation of 61.1%, between January 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 61.1% inflationary increase is applied to the most recent sale price for 2 TORMORE CLOSE of £230,000 on 29th January 2014. For the value to have increased from £230,000 to £370,580 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 TORMORE CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The January 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TORMORE CLOSE has not materially changed since January 2014.

How Large is 2 TORMORE CLOSE?

2 TORMORE CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 TORMORE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 2 TORMORE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Chorley.

2 TORMORE CLOSE: Plot and Title Map

2 TORMORE CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 2 TORMORE 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 TORMORE 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 TORMORE CLOSE?

2 TORMORE CLOSE is located in HEAPEY, in the PR6 postcode district. The below map shows the position of No. 2 on TORMORE CLOSE.