AURA DENE, THE STRAITS, HOGHTON, PRESTON, PR5 0DA - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

AURA DENE is a very small detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £279,732. It was last sold for £195,000 in February 2016, which was around 15% below the average February 2016 detached price in the Chorley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

AURA DENE Sold Prices

Land registry data shows two sales for AURA DENE 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 AURA DENE 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 5 FEB	£195,000	£229,834	15% below HPI
2011 27 JUL	£195,000	£206,220	5% below HPI

AURA DENE 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 AURA DENE sales from July 2011 and February 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 July 2011 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might AURA DENE be worth now?

AURA DENE might now be worth an estimated £279,732.

This is based on house price inflation of 43.5%, between February 2016 and December 2024, 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 43.5% inflationary increase is applied to the most recent sale price for AURA DENE of £195,000 on 5th February 2016. For the value to have increased from £195,000 to £279,732 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of AURA DENE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The February 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of AURA DENE has not materially changed since February 2016.

How Large is AURA DENE?

AURA DENE is 85m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses houses in Hoghton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoghton, and where AURA DENE lies on this distribution: 4% of detached houses houses are smaller than AURA DENE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hoghton.

AURA DENE: Plot and Title Map

AURA DENE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of AURA DENE, 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 AURA DENE). 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 AURA DENE?

AURA DENE is located on THE STRAITS in HOGHTON, in the PR5 postcode district. The below map shows the position of AURA DENE on THE STRAITS.