59, THE CEDARS, CHORLEY, PR7 3RJ - £153,000

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.

59 THE CEDARS is a very small extended detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £248,215. It was last sold for £153,000 in May 2010, which was around 28% below the average May 2010 detached price in the Chorley local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

59 THE CEDARS Sold Prices

Land registry data shows one sale for 59 THE CEDARS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Chorley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 6 MAY	£153,000	£211,744	28% below HPI

What might 59 THE CEDARS be worth now?

59 THE CEDARS might now be worth an estimated £248,215.

This is based on house price inflation of 62.2%, between May 2010 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 62.2% inflationary increase is applied to the most recent sale price for 59 THE CEDARS of £153,000 on 6th May 2010. For the value to have increased from £153,000 to £248,215 over the sixteen years to May 2026, the following assumptions must hold true:

• The value of 59 THE CEDARS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The May 2010 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 59 THE CEDARS has not materially changed since May 2010.

How Large is 59 THE CEDARS?

59 THE CEDARS is 77m², which includes one extension, according to the EPC inspection conducted in May 2009. 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 59 THE CEDARS lies on this distribution: 11% of detached houses are smaller than 59 THE CEDARS, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Chorley.

59 THE CEDARS: Plot

59 THE CEDARS sits on a plot of roughly 0.048 of an acre, or 194m².

Where is 59 THE CEDARS?

59 THE CEDARS is located in CHORLEY, in the PR7 postcode district.