9, GREY HEIGHTS VIEW, CHORLEY, PR6 0TN - £198,500

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.

9 GREY HEIGHTS VIEW is a very small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £282,293. It was last sold for £198,500 in May 2016, which was around 13% below the average May 2016 detached price in the Chorley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

9 GREY HEIGHTS VIEW Sold Prices

Land registry data shows three sales for 9 GREY HEIGHTS VIEW 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 9 GREY HEIGHTS VIEW 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
2016 27 MAY	£198,500	£228,279	13% below HPI
2003 12 DEC	£153,500	£160,966	5% below HPI
1997 7 MAR	£40,000	£77,507	48% below HPI

9 GREY HEIGHTS VIEW 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 9 GREY HEIGHTS VIEW sales between March 1997 and May 2016 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 December 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 9 GREY HEIGHTS VIEW be worth now?

9 GREY HEIGHTS VIEW might now be worth an estimated £282,293.

This is based on house price inflation of 42.2%, between May 2016 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 42.2% inflationary increase is applied to the most recent sale price for 9 GREY HEIGHTS VIEW of £198,500 on 27th May 2016. For the value to have increased from £198,500 to £282,293 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 9 GREY HEIGHTS VIEW has moved in line with the HPI for detached houses in the Chorley local authority area.
• The May 2016 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 9 GREY HEIGHTS VIEW has not materially changed since May 2016.

How Large is 9 GREY HEIGHTS VIEW?

9 GREY HEIGHTS VIEW is 88m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorley, and where 9 GREY HEIGHTS VIEW lies on this distribution: 18% of detached houses houses are smaller than 9 GREY HEIGHTS VIEW, and 81% of houses are larger. Note that EPC data is not available for all properties in Chorley.

9 GREY HEIGHTS VIEW: Plot and Title Map

9 GREY HEIGHTS VIEW sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 9 GREY HEIGHTS VIEW, 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 9 GREY HEIGHTS VIEW). 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 9 GREY HEIGHTS VIEW?

9 GREY HEIGHTS VIEW is located in CHORLEY, in the PR6 postcode district. The below map shows the position of No. 9 on GREY HEIGHTS VIEW.