2, CEDAR CLOSE, GARSTANG, PRESTON, PR3 1ES - £265,000

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 CEDAR CLOSE is a large detached house of 136m², built sometime between 1950 and 1966, which could now be worth an estimated £370,485. It was last sold for £265,000 in December 2014, which was around 24% above the average December 2014 detached price in the Wyre local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

2 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 2 CEDAR 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 Wyre local authority area for the corresponding sale date. Both of the two 2 CEDAR CLOSE 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
2014 5 DEC	£265,000	£214,402	24% above HPI
2007 13 JUL	£245,720	£242,115	1% above HPI

2 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two 2 CEDAR CLOSE sales from July 2007 and December 2014 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 July 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 CEDAR CLOSE be worth now?

2 CEDAR CLOSE might now be worth an estimated £370,485.

This is based on house price inflation of 39.8%, between December 2014 and August 2025, for detached houses, in the Wyre local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.8% inflationary increase is applied to the most recent sale price for 2 CEDAR CLOSE of £265,000 on 5th December 2014. For the value to have increased from £265,000 to £370,485 over the eleven years and four months to August 2025, the following assumptions must hold true:

• The value of 2 CEDAR CLOSE has moved in line with the HPI for detached houses in the Wyre local authority area.
• The December 2014 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CEDAR CLOSE has not materially changed since December 2014.

How Large is 2 CEDAR CLOSE?

2 CEDAR CLOSE is 136m² according to the EPC inspection conducted in March 2014. This puts it in the largest 40% of detached houses houses in Garstang, based on EPC data. The below chart shows the distribution of detached houses houses by size in Garstang, and where 2 CEDAR CLOSE lies on this distribution: 67% of detached houses houses are smaller than 2 CEDAR CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Garstang.

2 CEDAR CLOSE: Plot and Title Map

2 CEDAR CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 2 CEDAR 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 2 CEDAR 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 2 CEDAR CLOSE?

2 CEDAR CLOSE is located in GARSTANG, in the PR3 postcode district. The below map shows the position of No. 2 on CEDAR CLOSE.