2, MERLIN CLOSE, HEAPEY, CHORLEY, PR6 9BB - £40,000

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.

2 MERLIN CLOSE is a detached house, which could now be worth an estimated £111,371. It was last sold for £40,000 in September 2002, which was around 68% below the average September 2002 detached price in the Chorley local authority area.

2 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 2 MERLIN CLOSE 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. One of the two 2 MERLIN CLOSE sales was for below the average price, whilst the other was 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
2002 6 SEP	£40,000	£123,378	68% below HPI
1998 28 AUG	£107,950	£84,988	27% above HPI

What might 2 MERLIN CLOSE be worth now?

2 MERLIN CLOSE might now be worth an estimated £111,371.

This is based on house price inflation of 178.4%, between September 2002 and May 2026, 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 178.4% inflationary increase is applied to the most recent sale price for 2 MERLIN CLOSE of £40,000 on 6th September 2002. For the value to have increased from £40,000 to £111,371 over the 24 years and four months to May 2026, the following assumptions must hold true:

• The value of 2 MERLIN CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2002 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MERLIN CLOSE has not materially changed since September 2002.

Where is 2 MERLIN CLOSE?

2 MERLIN CLOSE is located in HEAPEY, in the PR6 postcode district.