16, SPRINGWOOD DRIVE, CHORLEY, PR7 4AD - £135,000

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.

16 SPRINGWOOD DRIVE is a midsized extended semi-detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £223,418. It was last sold for £135,000 in March 2005, which was around 8% above the average March 2005 semi-detached price in the Chorley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

16 SPRINGWOOD DRIVE Sold Prices

Land registry data shows two sales for 16 SPRINGWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. Both of the two 16 SPRINGWOOD DRIVE 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
2005 22 MAR	£135,000	£124,724	8% above HPI
2001 23 FEB	£53,600	£51,709	4% above HPI

16 SPRINGWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The two 16 SPRINGWOOD DRIVE sales from February 2001 and March 2005 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 February 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2005 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 SPRINGWOOD DRIVE be worth now?

16 SPRINGWOOD DRIVE might now be worth an estimated £223,418.

This is based on house price inflation of 65.5%, between March 2005 and August 2025, for semi-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 65.5% inflationary increase is applied to the most recent sale price for 16 SPRINGWOOD DRIVE of £135,000 on 22nd March 2005. For the value to have increased from £135,000 to £223,418 over the nineteen years and seven months to August 2025, the following assumptions must hold true:

• The value of 16 SPRINGWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The March 2005 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRINGWOOD DRIVE has not materially changed since March 2005.

How Large is 16 SPRINGWOOD DRIVE?

16 SPRINGWOOD DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of semi-detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chorley, and where 16 SPRINGWOOD DRIVE lies on this distribution: 59% of semi-detached houses houses are smaller than 16 SPRINGWOOD DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Chorley.

16 SPRINGWOOD DRIVE: Plot and Title Map

16 SPRINGWOOD DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 16 SPRINGWOOD DRIVE, 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 16 SPRINGWOOD DRIVE). 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 16 SPRINGWOOD DRIVE?

16 SPRINGWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 16 on SPRINGWOOD DRIVE.