7, KNOWLES WOOD DRIVE, CHORLEY, PR7 2FE - £320,000

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

7 KNOWLES WOOD DRIVE is a very large extended detached house of 172m², built sometime between 2003 and 2006. It was last sold for £320,000 in September 2020, which was around 14% above the average September 2020 detached price in the Chorley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

7 KNOWLES WOOD DRIVE Sold Prices

Land registry data shows two sales for 7 KNOWLES WOOD DRIVE 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 7 KNOWLES WOOD DRIVE 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
2020 2 SEP	£320,000	£280,341	14% above HPI
2005 18 MAR	£283,000	£213,649	32% above HPI

7 KNOWLES WOOD DRIVE 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 7 KNOWLES WOOD DRIVE sales from March 2005 and September 2020 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 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 7 KNOWLES WOOD DRIVE?

7 KNOWLES WOOD DRIVE is 172m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 7 KNOWLES WOOD DRIVE lies on this distribution: 92% of detached houses are smaller than 7 KNOWLES WOOD DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Chorley.

7 KNOWLES WOOD DRIVE: Plot and Title Map

7 KNOWLES WOOD DRIVE sits on a plot of roughly 0.095 of an acre, or 382m². The below map shows the location of 7 KNOWLES WOOD DRIVE, 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 KNOWLES WOOD DRIVE). 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 KNOWLES WOOD DRIVE?

7 KNOWLES WOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 7 on KNOWLES WOOD DRIVE.