3, SPURRIER SQUARE, CHORLEY, PR7 3DP - £228,000

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.

3 SPURRIER SQUARE is a large detached house of 125m², which could now be worth an estimated £293,624. It was last sold for £228,000 in June 2018, which was around 10% below the average June 2018 detached price in the Chorley local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

3 SPURRIER SQUARE Sold Prices

Land registry data shows two sales for 3 SPURRIER SQUARE 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 3 SPURRIER SQUARE 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
2018 4 JUN	£228,000	£252,086	10% below HPI
2010 19 NOV	£190,000	£212,737	11% below HPI

3 SPURRIER SQUARE 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 3 SPURRIER SQUARE sales from November 2010 and June 2018 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 November 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 3 SPURRIER SQUARE be worth now?

3 SPURRIER SQUARE might now be worth an estimated £293,624.

This is based on house price inflation of 28.8%, between June 2018 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 28.8% inflationary increase is applied to the most recent sale price for 3 SPURRIER SQUARE of £228,000 on 4th June 2018. For the value to have increased from £228,000 to £293,624 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 3 SPURRIER SQUARE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The June 2018 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPURRIER SQUARE has not materially changed since June 2018.

How Large is 3 SPURRIER SQUARE?

3 SPURRIER SQUARE is 125m² according to the EPC inspection conducted in February 2010. This puts it in the largest 40% 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 3 SPURRIER SQUARE lies on this distribution: 61% of detached houses houses are smaller than 3 SPURRIER SQUARE, and 39% of houses are larger. Note that EPC data is not available for all properties in Chorley.

3 SPURRIER SQUARE: Plot and Title Map

3 SPURRIER SQUARE sits on a plot of roughly 1.1 acres, or 4,384m². The below map shows the location of 3 SPURRIER SQUARE, 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 3 SPURRIER SQUARE). 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 3 SPURRIER SQUARE?

3 SPURRIER SQUARE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 3 on SPURRIER SQUARE.