8, REDHILL GROVE, CHORLEY, PR6 8TU - £166,000

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

8 REDHILL GROVE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £166,000 in October 2020, which was around 42% below the average October 2020 detached price in the Chorley local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

8 REDHILL GROVE Sold Prices

Land registry data shows two sales for 8 REDHILL GROVE 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 REDHILL GROVE 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 14 OCT	£166,000	£286,337	42% below HPI
2014 30 MAY	£150,000	£216,052	31% below HPI

8 REDHILL GROVE 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 REDHILL GROVE sales from May 2014 and October 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 May 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 REDHILL GROVE?

8 REDHILL GROVE is 78m² according to the EPC inspection conducted in November 2014. 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 8 REDHILL GROVE lies on this distribution: 11% of detached houses are smaller than 8 REDHILL GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chorley.

8 REDHILL GROVE: Plot and Title Map

8 REDHILL GROVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 8 REDHILL GROVE, 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 REDHILL GROVE). 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 REDHILL GROVE?

8 REDHILL GROVE is located in CHORLEY, in the PR6 postcode district. The below map shows the position of No. 8 on REDHILL GROVE.