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
TWIN TREES is a very large detached house of 261m². It was last sold for £360,000 in November 2016, which was around 47% above the average November 2016 detached price in the Chorley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for TWIN TREES since 1st 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 TWIN TREES 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 |
---|---|---|---|
2016 10 NOV | £360,000 | £245,500 | 47% above HPI |
2015 5 JUN | £350,000 | £231,594 | 51% above HPI |
The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two TWIN TREES sales from June 2015 and November 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 June 2015 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2016 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.
TWIN TREES is 261m² according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses in Towngate, based on EPC data. The below chart shows the distribution of detached houses by size in Towngate, and where TWIN TREES lies on this distribution: 87% of detached houses are smaller than TWIN TREES, and 13% of houses are larger. Note that EPC data is not available for all properties in Towngate.
TWIN TREES sits on a plot of roughly 0.369 of an acre, or 1,491m². The below map shows the location of TWIN TREES, 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 TWIN TREES). 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.
TWIN TREES is located on BRADSHAW LANE in MAWDESLEY, in the L40 postcode district. The below map shows the position of TWIN TREES on BRADSHAW LANE.