23, WOOD LANE, HESKIN, CHORLEY, PR7 5NU - £625,000

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.

23 WOOD LANE is a very large detached house of 210m², built sometime from 2007 onwards, which could now be worth an estimated £787,474. It was last sold for £625,000 in February 2019, which was around 141% above the average February 2019 detached price in the Chorley local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

23 WOOD LANE Sold Prices

Land registry data shows three sales for 23 WOOD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three 23 WOOD LANE 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
2019 26 FEB	£625,000	£259,576	141% above HPI
2010 20 OCT	£240,000	£217,029	11% above HPI
2009 13 NOV	£220,000	£210,691	4% above HPI

23 WOOD LANE 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 three 23 WOOD LANE sales between November 2009 and February 2019 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 October 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2019 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might 23 WOOD LANE be worth now?

23 WOOD LANE might now be worth an estimated £787,474.

This is based on house price inflation of 26%, between February 2019 and October 2025, 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 26% inflationary increase is applied to the most recent sale price for 23 WOOD LANE of £625,000 on 26th February 2019. For the value to have increased from £625,000 to £787,474 over the five years and four months to October 2025, the following assumptions must hold true:

• The value of 23 WOOD LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The February 2019 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 23 WOOD LANE has not materially changed since February 2019.

How Large is 23 WOOD LANE?

23 WOOD LANE is 210m² according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses houses in Heskin Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heskin Green, and where 23 WOOD LANE lies on this distribution: 81% of detached houses houses are smaller than 23 WOOD LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Heskin Green.

23 WOOD LANE: Plot and Title Map

23 WOOD LANE sits on a plot of roughly 666.1 acres, or 2,695,703m². The below map shows the location of 23 WOOD LANE, 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 23 WOOD LANE). 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 23 WOOD LANE?

23 WOOD LANE is located in HESKIN, in the PR7 postcode district. The below map shows the position of No. 23 on WOOD LANE.