4, COLLISON AVENUE, CHORLEY, PR7 2TH - £165,230

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.

4 COLLISON AVENUE is a very small detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £271,341. It was last sold for £165,230 in March 2013, which was around 21% below the average March 2013 detached price in the Chorley local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

4 COLLISON AVENUE Sold Prices

Land registry data shows two sales for 4 COLLISON AVENUE 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 4 COLLISON AVENUE 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
2013 22 MAR	£165,230	£209,181	21% below HPI
2002 3 MAY	£77,000	£111,603	31% below HPI

4 COLLISON AVENUE 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 4 COLLISON AVENUE sales from May 2002 and March 2013 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 May 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2013 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 COLLISON AVENUE be worth now?

4 COLLISON AVENUE might now be worth an estimated £271,341.

This is based on house price inflation of 64.2%, between March 2013 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 64.2% inflationary increase is applied to the most recent sale price for 4 COLLISON AVENUE of £165,230 on 22nd March 2013. For the value to have increased from £165,230 to £271,341 over the twelve years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 COLLISON AVENUE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The March 2013 sale price of £165,230 represented a fair market value for the property.
• The size, condition, and specification of 4 COLLISON AVENUE has not materially changed since March 2013.

How Large is 4 COLLISON AVENUE?

4 COLLISON AVENUE is 89m² according to the EPC inspection conducted in February 2024. 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 4 COLLISON AVENUE lies on this distribution: 20% of detached houses are smaller than 4 COLLISON AVENUE, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Chorley.

Where is 4 COLLISON AVENUE?

4 COLLISON AVENUE is located in CHORLEY, in the PR7 postcode district.