DENEWOOD, BURGH LANE, CHORLEY, PR7 3NP - £249,950

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

DENEWOOD is a midsized detached house of 111m², built sometime between 2003 and 2006. It was last sold for £249,950 in August 2013, which was around 15% above the average August 2013 detached price in the Chorley local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

DENEWOOD Sold Prices

Land registry data shows four sales for DENEWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. two of the four DENEWOOD sales were for above the average price, and four 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
2013 20 AUG	£249,950	£217,238	15% above HPI
2007 2 MAY	£265,000	£232,706	14% above HPI
2006 10 FEB	£158,000	£212,127	26% below HPI
2000 23 FEB	£38,425	£96,940	60% below HPI

DENEWOOD 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 four DENEWOOD sales between February 2000 and August 2013 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 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2013 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is DENEWOOD?

DENEWOOD is 111m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where DENEWOOD lies on this distribution: 45% of detached houses are smaller than DENEWOOD, and 55% of houses are larger. Note that EPC data is not available for all properties in Chorley.

DENEWOOD: Plot and Title Map

DENEWOOD sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of DENEWOOD, 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 DENEWOOD). 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 DENEWOOD?

DENEWOOD is located on BURGH LANE in CHORLEY, in the PR7 postcode district. The below map shows the position of DENEWOOD on BURGH LANE.