11/15/2012 04:06 pm ET

'Take Me Home' Sales: One Direction Album Headed For Number One

Pop sensation One Direction is on pace to reach No. 1 on the Billboard chart next week.

Created by "The X Factor," the UK boy band released its sophomore album, "Take Me Home," on Nov. 13.

One Direction's first album, "Up All Night" has sold 1.3 million copies in the eight months since it debuted in the U.S., giving "Take Me Home" some big shoes to fill.

"Take Me Home" is projected to sell over 500,000 copies by Nov. 18, with hopes that the number could reach as high as 575,000. If the album does see that kind of success, it will find itself just behind the year's two most successful records -- Taylor Swift's "Red" which sold 1.2 million in its first week, and Mumford & Sons' "Babel" which sold 600,000.

It was recently announced that the members of 1D will ride their success all the way to the big screen, with plans for a 3-D movie, to be distributed by Sony.

One Direction will likely be joined on Billboard's top chart by other new releases including Christina Aguilera's "Lotus," Green Day's "¡Dos!," and the soundtrack to "The Twilight Saga: Breaking Dawn Part 2."

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