2, SPRINGWOOD DRIVE, CHORLEY, PR7 4AD - £235,000

2 SPRINGWOOD DRIVE is a very large detached house of 151m², built sometime between 1950 and 1966. It was last sold for £235,000 in August 2022, which was around 28% below the average August 2022 detached price in the Chorley local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGWOOD DRIVE Sold Prices

Land registry data shows two sales for 2 SPRINGWOOD DRIVE since 1^st 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 2 SPRINGWOOD DRIVE sales 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
2022 9 AUG	£235,000	£325,808	28% below HPI
2006 8 MAY	£179,950	£214,933	16% below HPI

2 SPRINGWOOD DRIVE 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 two 2 SPRINGWOOD DRIVE sales from May 2006 and August 2022 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 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 SPRINGWOOD DRIVE?

2 SPRINGWOOD DRIVE is 151m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 2 SPRINGWOOD DRIVE lies on this distribution: 83% of detached houses are smaller than 2 SPRINGWOOD DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chorley.

2 SPRINGWOOD DRIVE: Plot and Title Map

2 SPRINGWOOD DRIVE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 2 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 2 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 2 SPRINGWOOD DRIVE?

2 SPRINGWOOD DRIVE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 2 on SPRINGWOOD DRIVE.