15, SPURRIER SQUARE, CHORLEY, PR7 3DP - £220,000

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.

15 SPURRIER SQUARE is a small terraced house of 101m², built sometime between 2007 and 2011, which could now be worth an estimated £243,032. It was last sold for £220,000 in February 2023, which was around 42% above the average February 2023 terraced price in the Chorley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

15 SPURRIER SQUARE Sold Prices

Land registry data shows two sales for 15 SPURRIER SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. Both of the two 15 SPURRIER SQUARE 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
2023 24 FEB	£220,000	£154,691	42% above HPI
2011 15 APR	£167,995	£102,030	65% above HPI

15 SPURRIER SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chorley local authority area over time, sourced from the HPI. The two 15 SPURRIER SQUARE sales from April 2011 and February 2023 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 April 2011 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2023 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 15 SPURRIER SQUARE be worth now?

15 SPURRIER SQUARE might now be worth an estimated £243,032.

This is based on house price inflation of 10.5%, between February 2023 and May 2026, for terraced 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 10.5% inflationary increase is applied to the most recent sale price for 15 SPURRIER SQUARE of £220,000 on 24th February 2023. For the value to have increased from £220,000 to £243,032 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 15 SPURRIER SQUARE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The February 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPURRIER SQUARE has not materially changed since February 2023.

How Large is 15 SPURRIER SQUARE?

15 SPURRIER SQUARE is 101m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of terraced houses houses in Chorley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chorley, and where 15 SPURRIER SQUARE lies on this distribution: 34% of terraced houses houses are smaller than 15 SPURRIER SQUARE, and 65% of houses are larger. Note that EPC data is not available for all properties in Chorley.

15 SPURRIER SQUARE: Plot and Title Map

15 SPURRIER SQUARE sits on a plot of roughly 0.955 of an acre, or 3,863m². The below map shows the location of 15 SPURRIER SQUARE, 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 15 SPURRIER SQUARE). 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 15 SPURRIER SQUARE?

15 SPURRIER SQUARE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 15 on SPURRIER SQUARE.