5, OLD WOOD CLOSE, CHORLEY, PR7 2FZ - £170,000

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

5 OLD WOOD CLOSE is a very small detached house of 83m², built sometime between 2007 and 2011. It was last sold for £170,000 in August 2014, which was around 25% below the average August 2014 detached price in the Chorley local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was A.

5 OLD WOOD CLOSE Sold Prices

Land registry data shows two sales for 5 OLD WOOD CLOSE 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 5 OLD WOOD CLOSE 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
2014 18 AUG	£170,000	£225,934	25% below HPI
2009 19 JUN	£167,000	£223,972	25% below HPI

5 OLD WOOD 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 two 5 OLD WOOD CLOSE sales from June 2009 and August 2014 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 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, which was also at 25% below the HPI.

How Large is 5 OLD WOOD CLOSE?

5 OLD WOOD CLOSE is 83m² according to the EPC inspection conducted in February 2024. 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 5 OLD WOOD CLOSE lies on this distribution: 14% of detached houses are smaller than 5 OLD WOOD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chorley.

5 OLD WOOD CLOSE: Plot and Title Map

5 OLD WOOD CLOSE sits on a plot of roughly 0.574 of an acre, or 2,323m². The below map shows the location of 5 OLD WOOD 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 5 OLD WOOD 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 5 OLD WOOD CLOSE?

5 OLD WOOD CLOSE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 5 on OLD WOOD CLOSE.