40, FIR TREE CLOSE, CHORLEY, PR7 3TB - £205,000

40 FIR TREE CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £205,000 in December 2020, which was around 30% below the average December 2020 detached price in the Chorley local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

40 FIR TREE CLOSE Sold Prices

Land registry data shows six sales for 40 FIR TREE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the six 40 FIR TREE CLOSE 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 21 DEC	£205,000	£292,964	30% below HPI
2018 2 FEB	£170,000	£255,701	34% below HPI
2011 2 DEC	£160,000	£217,936	27% below HPI
2000 31 MAR	£71,500	£96,818	26% below HPI
1997 31 OCT	£59,500	£85,429	30% below HPI
1997 27 MAR	£64,000	£81,169	21% below HPI

40 FIR TREE CLOSE 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 six 40 FIR TREE CLOSE sales between March 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 February 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 FIR TREE CLOSE?

40 FIR TREE CLOSE is 79m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 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 40 FIR TREE CLOSE lies on this distribution: 12% of detached houses are smaller than 40 FIR TREE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chorley.

40 FIR TREE CLOSE: Plot and Title Map

40 FIR TREE CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 40 FIR TREE CLOSE, 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 40 FIR TREE CLOSE). 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 40 FIR TREE CLOSE?

40 FIR TREE CLOSE is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 40 on FIR TREE CLOSE.