OAK TREE, BUTTERWORTH BROW, CHORLEY, PR7 2NP - £450,000

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

OAK TREE is a very large extended detached house of 161m², built sometime between 1950 and 1966, which could now be worth an estimated £659,474. It was last sold for £450,000 in September 2015, which was around 100% above the average September 2015 detached price in the Chorley local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

OAK TREE Sold Prices

Land registry data shows four sales for OAK TREE 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. All of the four OAK TREE sales were 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
2015 4 SEP	£450,000	£224,976	100% above HPI
2011 23 SEP	£400,000	£215,972	85% above HPI
2001 9 NOV	£185,000	£105,901	75% above HPI
1999 17 JUN	£118,000	£88,437	33% above HPI

OAK TREE 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 OAK TREE sales between June 1999 and September 2015 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 2011 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the September 2015 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might OAK TREE be worth now?

OAK TREE might now be worth an estimated £659,474.

This is based on house price inflation of 46.5%, between September 2015 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 46.5% inflationary increase is applied to the most recent sale price for OAK TREE of £450,000 on 4th September 2015. For the value to have increased from £450,000 to £659,474 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of OAK TREE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2015 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE has not materially changed since September 2015.

How Large is OAK TREE?

OAK TREE is 161m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 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 OAK TREE lies on this distribution: 87% of detached houses houses are smaller than OAK TREE, and 13% of houses are larger. Note that EPC data is not available for all properties in Chorley.

OAK TREE: Plot and Title Map

OAK TREE sits on a plot of roughly 0.366 of an acre, or 1,483m². The below map shows the location of OAK TREE, 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 OAK TREE). 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 OAK TREE?

OAK TREE is located on BUTTERWORTH BROW in CHORLEY, in the PR7 postcode district. The below map shows the position of OAK TREE on BUTTERWORTH BROW.