8, MIMOSA CLOSE, CHORLEY, PR7 1BT - £275,000

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

8 MIMOSA CLOSE is a large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £275,000 in June 2014, which was around 26% above the average June 2014 detached price in the Chorley local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

8 MIMOSA CLOSE Sold Prices

Land registry data shows two sales for 8 MIMOSA 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 8 MIMOSA CLOSE 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
2014 10 JUN	£275,000	£218,219	26% above HPI
1998 28 AUG	£127,950	£89,003	44% above HPI

8 MIMOSA 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 8 MIMOSA CLOSE sales from August 1998 and June 2014 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 August 1998 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2014 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 8 MIMOSA CLOSE?

8 MIMOSA CLOSE is 132m² according to the EPC inspection conducted in May 2009. This puts it in the largest 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 8 MIMOSA CLOSE lies on this distribution: 69% of detached houses are smaller than 8 MIMOSA CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Chorley.

8 MIMOSA CLOSE: Plot and Title Map

8 MIMOSA CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 8 MIMOSA 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 8 MIMOSA 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 8 MIMOSA CLOSE?

8 MIMOSA CLOSE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 8 on MIMOSA CLOSE.