31, BURGH WOOD WAY, CHORLEY, PR7 2FF - £197,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 BURGH WOOD WAY is a very small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £197,500 in April 2019, which was around 25% below the average April 2019 detached price in the Chorley local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

31 BURGH WOOD WAY Sold Prices

Land registry data shows two sales for 31 BURGH WOOD WAY 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 31 BURGH WOOD WAY 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
2019 18 APR	£197,500	£262,012	25% below HPI
2005 28 JUL	£193,950	£213,247	9% below HPI

31 BURGH WOOD WAY 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 31 BURGH WOOD WAY sales from July 2005 and April 2019 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 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 31 BURGH WOOD WAY?

31 BURGH WOOD WAY is 82m² according to the EPC inspection conducted in January 2012. 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 31 BURGH WOOD WAY lies on this distribution: 14% of detached houses are smaller than 31 BURGH WOOD WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Chorley.

31 BURGH WOOD WAY: Plot and Title Map

31 BURGH WOOD WAY sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 31 BURGH WOOD WAY, 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 31 BURGH WOOD WAY). 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 31 BURGH WOOD WAY?

31 BURGH WOOD WAY is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 31 on BURGH WOOD WAY.