38, WOODLARK DRIVE, CHORLEY, PR7 2RA - £222,500

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.

38 WOODLARK DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £248,085. It was last sold for £222,500 in September 2021, which was around 24% below the average September 2021 detached price in the Chorley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

38 WOODLARK DRIVE Sold Prices

Land registry data shows two sales for 38 WOODLARK DRIVE 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 WOODLARK 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
2021 24 SEP	£222,500	£291,163	24% below HPI
2004 28 MAY	£163,950	£174,187	6% below HPI

38 WOODLARK DRIVE 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 WOODLARK DRIVE sales from May 2004 and September 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 May 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 38 WOODLARK DRIVE be worth now?

38 WOODLARK DRIVE might now be worth an estimated £248,085.

This is based on house price inflation of 11.5%, between September 2021 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 11.5% inflationary increase is applied to the most recent sale price for 38 WOODLARK DRIVE of £222,500 on 24th September 2021. For the value to have increased from £222,500 to £248,085 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 38 WOODLARK DRIVE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2021 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 38 WOODLARK DRIVE has not materially changed since September 2021.

How Large is 38 WOODLARK DRIVE?

38 WOODLARK DRIVE is 89m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 38 WOODLARK DRIVE lies on this distribution: 19% of detached houses houses are smaller than 38 WOODLARK DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Chorley.

38 WOODLARK DRIVE: Plot and Title Map

38 WOODLARK DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 38 WOODLARK 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 38 WOODLARK 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.

Where is 38 WOODLARK DRIVE?

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