72, WOOD LANE, HESKIN, CHORLEY, PR7 5NU - £190,000

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.

72 WOOD LANE is a very small terraced house of 80m², which could now be worth an estimated £216,896. It was last sold for £190,000 in October 2021, which was around 33% above the average October 2021 terraced price in the Chorley local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

72 WOOD LANE Sold Prices

Land registry data shows two sales for 72 WOOD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Chorley local authority area for the corresponding sale date. Both of the two 72 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
2021 19 OCT	£190,000	£143,173	33% above HPI
2019 12 APR	£179,950	£118,725	52% above HPI

72 WOOD LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chorley local authority area over time, sourced from the HPI. The two 72 WOOD LANE sales from April 2019 and October 2021 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 April 2019 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 72 WOOD LANE be worth now?

72 WOOD LANE might now be worth an estimated £216,896.

This is based on house price inflation of 14.2%, between October 2021 and October 2025, for terraced 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 14.2% inflationary increase is applied to the most recent sale price for 72 WOOD LANE of £190,000 on 19th October 2021. For the value to have increased from £190,000 to £216,896 over the four years to October 2025, the following assumptions must hold true:

• The value of 72 WOOD LANE has moved in line with the HPI for terraced houses in the Chorley local authority area.
• The October 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 72 WOOD LANE has not materially changed since October 2021.

How Large is 72 WOOD LANE?

72 WOOD LANE is 80m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of terraced houses houses in Heskin Green, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heskin Green, and where 72 WOOD LANE lies on this distribution: 9% of terraced houses houses are smaller than 72 WOOD LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Heskin Green.

72 WOOD LANE: Plot and Title Map

72 WOOD LANE sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 72 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 72 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 72 WOOD LANE?

72 WOOD LANE is located in HESKIN, in the PR7 postcode district. The below map shows the position of No. 72 on WOOD LANE.