4, MELFORD CLOSE, CHORLEY, PR6 8US - £206,000

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

4 MELFORD CLOSE is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £206,000 in October 2016, which was around 18% below the average October 2016 detached price in the Chorley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

4 MELFORD CLOSE Sold Prices

Land registry data shows four sales for 4 MELFORD CLOSE 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. two of the four 4 MELFORD CLOSE sales were for below the average price, and four 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
2016 6 OCT	£206,000	£251,405	18% below HPI
2016 10 JUN	£200,000	£241,356	17% below HPI
2004 26 NOV	£220,000	£206,535	7% above HPI
1999 3 SEP	£101,000	£91,006	11% above HPI

4 MELFORD CLOSE 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 4 MELFORD CLOSE sales between September 1999 and October 2016 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 June 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 MELFORD CLOSE?

4 MELFORD CLOSE is 123m² according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 4 MELFORD CLOSE lies on this distribution: 59% of detached houses are smaller than 4 MELFORD CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Chorley.

4 MELFORD CLOSE: Plot and Title Map

4 MELFORD CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 4 MELFORD CLOSE, 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 4 MELFORD CLOSE). 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 4 MELFORD CLOSE?

4 MELFORD CLOSE is located in CHORLEY, in the PR6 postcode district. The below map shows the position of No. 4 on MELFORD CLOSE.