31, THE OAKS, CHORLEY, PR7 3QT - £280,000

31 THE OAKS is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £280,000 in December 2020, which was around 4% below the average December 2020 detached price in the Chorley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

31 THE OAKS Sold Prices

Land registry data shows two sales for 31 THE OAKS 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 31 THE OAKS 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
2020 27 DEC	£280,000	£292,964	4% below HPI
1997 17 OCT	£81,000	£85,429	5% below HPI

31 THE OAKS 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 31 THE OAKS sales from October 1997 and December 2020 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 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 31 THE OAKS?

31 THE OAKS is 109m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 31 THE OAKS lies on this distribution: 43% of detached houses are smaller than 31 THE OAKS, and 56% of houses are larger. Note that EPC data is not available for all properties in Chorley.

31 THE OAKS: Plot and Title Map

31 THE OAKS sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 31 THE OAKS, 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 31 THE OAKS). 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 31 THE OAKS?

31 THE OAKS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 31 on THE OAKS.