26, THE OAKS, CHORLEY, PR7 3QT - £240,000

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

26 THE OAKS is a very small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £240,000 in August 2023, which was around 29% below the average August 2023 detached price in the Chorley local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was B.

26 THE OAKS Sold Prices

Land registry data shows four sales for 26 THE OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the four 26 THE OAKS 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
2023 31 AUG	£240,000	£339,534	29% below HPI
2007 15 AUG	£168,000	£237,730	29% below HPI
2007 29 JUN	£165,340	£235,820	30% below HPI
2000 27 JUN	£68,500	£93,836	27% below HPI

26 THE OAKS 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 four 26 THE OAKS sales between June 2000 and August 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 August 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2023 sale, which was also at 29% below the HPI.

How Large is 26 THE OAKS?

26 THE OAKS is 86m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 26 THE OAKS lies on this distribution: 17% of detached houses are smaller than 26 THE OAKS, and 83% of houses are larger. Note that EPC data is not available for all properties in Chorley.

26 THE OAKS: Plot and Title Map

26 THE OAKS sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 26 THE OAKS, 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 26 THE OAKS). 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 26 THE OAKS?

26 THE OAKS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 26 on THE OAKS.