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
24 RAVENHILL DRIVE is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £192,260 in July 2020, which was around 31% below the average July 2020 detached price in the Chorley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 24 RAVENHILL DRIVE since 1st 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 24 RAVENHILL DRIVE 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 |
---|---|---|---|
2020 24 JUL | £192,260 | £276,668 | 31% below HPI |
2020 22 JUL | £173,000 | £276,668 | 37% below HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 24 RAVENHILL DRIVE sales from July 2020 and July 2020 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 July 2020 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
24 RAVENHILL DRIVE is 64m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 24 RAVENHILL DRIVE lies on this distribution: 2% of detached houses are smaller than 24 RAVENHILL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chorley.
24 RAVENHILL DRIVE sits on a plot of roughly 9.0 acres, or 36,535m². The below map shows the location of 24 RAVENHILL 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 24 RAVENHILL 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.
24 RAVENHILL DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 24 on RAVENHILL DRIVE.