56, BURGH WOOD WAY, CHORLEY, PR7 2FP - £177,500

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

56 BURGH WOOD WAY is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £177,500 in May 2015, which was around 22% below the average May 2015 detached price in the Chorley local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

56 BURGH WOOD WAY Sold Prices

Land registry data shows three sales for 56 BURGH WOOD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 56 BURGH WOOD WAY 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
2015 6 MAY	£177,500	£228,184	22% below HPI
2007 30 MAR	£187,000	£228,630	18% below HPI
2004 31 MAR	£139,950	£175,832	20% below HPI

56 BURGH WOOD WAY 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 three 56 BURGH WOOD WAY sales between March 2004 and May 2015 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 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 56 BURGH WOOD WAY?

56 BURGH WOOD WAY is 85m² according to the EPC inspection conducted in June 2012. 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 56 BURGH WOOD WAY lies on this distribution: 16% of detached houses are smaller than 56 BURGH WOOD WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Chorley.

56 BURGH WOOD WAY: Plot and Title Map

56 BURGH WOOD WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 56 BURGH WOOD WAY, 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 56 BURGH WOOD WAY). 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 56 BURGH WOOD WAY?

56 BURGH WOOD WAY is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 56 on BURGH WOOD WAY.