38, THE OAKS, CHORLEY, PR7 3QU - £315,000

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

38 THE OAKS is a small detached house of 102m², built sometime between 1991 and 1995. It was last sold for £315,000 in August 2021, which was around 2% above the average August 2021 detached price in the Chorley local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

38 THE OAKS Sold Prices

Land registry data shows two sales for 38 THE OAKS 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 38 THE OAKS 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
2021 9 AUG	£315,000	£308,162	2% above HPI
2001 14 DEC	£111,500	£107,658	4% above HPI

38 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 two 38 THE OAKS sales from December 2001 and August 2021 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 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 38 THE OAKS?

38 THE OAKS is 102m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 38 THE OAKS lies on this distribution: 34% of detached houses are smaller than 38 THE OAKS, and 64% of houses are larger. Note that EPC data is not available for all properties in Chorley.

38 THE OAKS: Plot and Title Map

38 THE OAKS sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 38 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 38 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 38 THE OAKS?

38 THE OAKS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 38 on THE OAKS.