9, RAVENHILL DRIVE, CHORLEY, PR7 1RP - £125,000

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.

9 RAVENHILL DRIVE is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £197,195. It was last sold for £125,000 in July 2014, which was around 2% below the average July 2014 semi-detached price in the Chorley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

9 RAVENHILL DRIVE Sold Prices

Land registry data shows two sales for 9 RAVENHILL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. One of the two 9 RAVENHILL DRIVE sales was for below the average price, whilst the other was 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 4 JUL	£125,000	£127,807	2% below HPI
1997 30 SEP	£52,950	£46,018	15% above HPI

9 RAVENHILL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The two 9 RAVENHILL DRIVE sales from September 1997 and July 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 September 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 9 RAVENHILL DRIVE be worth now?

9 RAVENHILL DRIVE might now be worth an estimated £197,195.

This is based on house price inflation of 57.8%, between July 2014 and February 2025, for semi-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 57.8% inflationary increase is applied to the most recent sale price for 9 RAVENHILL DRIVE of £125,000 on 4th July 2014. For the value to have increased from £125,000 to £197,195 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 9 RAVENHILL DRIVE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The July 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RAVENHILL DRIVE has not materially changed since July 2014.

How Large is 9 RAVENHILL DRIVE?

9 RAVENHILL DRIVE is 59m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of semi-detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chorley, and where 9 RAVENHILL DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 9 RAVENHILL DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chorley.

9 RAVENHILL DRIVE: Plot and Title Map

9 RAVENHILL DRIVE sits on a plot of roughly 8.9 acres, or 36,109m². The below map shows the location of 9 RAVENHILL 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 9 RAVENHILL 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 9 RAVENHILL DRIVE?

9 RAVENHILL DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 9 on RAVENHILL DRIVE.