5, RAVEN CLOSE, CHORLEY, PR7 2RE - £185,000

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

5 RAVEN CLOSE is a small detached house of 103m², built sometime between 2003 and 2006. It was last sold for £185,000 in November 2009, which was around 16% below the average November 2009 detached price in the Chorley local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

5 RAVEN CLOSE Sold Prices

Land registry data shows two sales for 5 RAVEN 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 RAVEN 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
2009 9 NOV	£185,000	£220,646	16% below HPI
2004 1 MAR	£149,950	£175,832	15% below HPI

5 RAVEN 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 RAVEN CLOSE sales from March 2004 and November 2009 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 March 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2009 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 RAVEN CLOSE?

5 RAVEN CLOSE is 103m² according to the EPC inspection conducted in July 2009. 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 5 RAVEN CLOSE lies on this distribution: 36% of detached houses are smaller than 5 RAVEN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chorley.

5 RAVEN CLOSE: Plot and Title Map

5 RAVEN CLOSE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 5 RAVEN 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 RAVEN 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 RAVEN CLOSE?

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