7, IRVINE PLACE, BUCKSHAW VILLAGE, CHORLEY, PR7 7FL - £540,000

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.

7 IRVINE PLACE is a very large extended detached house of 210m², built sometime between 2007 and 2011, which could now be worth an estimated £574,092. It was last sold for £540,000 in June 2022, which was around 77% above the average June 2022 detached price in the Chorley local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

7 IRVINE PLACE Sold Prices

Land registry data shows three sales for 7 IRVINE PLACE 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 7 IRVINE PLACE sales 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
2022 24 JUN	£540,000	£304,511	77% above HPI
2015 22 MAY	£370,000	£217,889	70% above HPI
2011 26 AUG	£387,995	£212,938	82% above HPI

7 IRVINE PLACE 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 7 IRVINE PLACE sales between August 2011 and June 2022 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 2015 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the June 2022 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 7 IRVINE PLACE be worth now?

7 IRVINE PLACE might now be worth an estimated £574,092.

This is based on house price inflation of 6.3%, between June 2022 and March 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 6.3% inflationary increase is applied to the most recent sale price for 7 IRVINE PLACE of £540,000 on 24th June 2022. For the value to have increased from £540,000 to £574,092 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 7 IRVINE PLACE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The June 2022 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 7 IRVINE PLACE has not materially changed since June 2022.

How Large is 7 IRVINE PLACE?

7 IRVINE PLACE is 210m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in Worden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worden, and where 7 IRVINE PLACE lies on this distribution: 96% of detached houses houses are smaller than 7 IRVINE PLACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Worden.

7 IRVINE PLACE: Plot and Title Map

7 IRVINE PLACE sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 7 IRVINE PLACE, 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 7 IRVINE PLACE). 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 7 IRVINE PLACE?

7 IRVINE PLACE is located in BUCKSHAW VILLAGE, in the PR7 postcode district. The below map shows the position of No. 7 on IRVINE PLACE.