8, BORDER DRIVE, BUCKSHAW VILLAGE, CHORLEY, PR7 7HG - £232,000

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.

8 BORDER DRIVE is a small detached house of 94m², which could now be worth an estimated £269,234. It was last sold for £232,000 in December 2020, which was around 17% below the average December 2020 detached price in the Chorley local authority area. The most recent EPC inspection was October 2010, where the current energy rating was B, and the potential energy rating was B.

8 BORDER DRIVE Sold Prices

Land registry data shows four sales for 8 BORDER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the four 8 BORDER DRIVE 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
2020 11 DEC	£232,000	£279,746	17% below HPI
2016 31 MAR	£179,000	£225,392	21% below HPI
2015 20 NOV	£195,000	£228,343	15% below HPI
2011 2 DEC	£199,995	£208,103	4% below HPI

8 BORDER 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 four 8 BORDER DRIVE sales between December 2011 and December 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 BORDER DRIVE be worth now?

8 BORDER DRIVE might now be worth an estimated £269,234.

This is based on house price inflation of 16%, between December 2020 and February 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 16% inflationary increase is applied to the most recent sale price for 8 BORDER DRIVE of £232,000 on 11th December 2020. For the value to have increased from £232,000 to £269,234 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 BORDER DRIVE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The December 2020 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BORDER DRIVE has not materially changed since December 2020.

How Large is 8 BORDER DRIVE?

8 BORDER DRIVE is 94m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% 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 8 BORDER DRIVE lies on this distribution: 22% of detached houses houses are smaller than 8 BORDER DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Worden.

8 BORDER DRIVE: Plot and Title Map

8 BORDER DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 8 BORDER 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 8 BORDER 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 8 BORDER DRIVE?

8 BORDER DRIVE is located in BUCKSHAW VILLAGE, in the PR7 postcode district. The below map shows the position of No. 8 on BORDER DRIVE.