2, CHANCEL DRIVE, WARTON, PRESTON, PR4 1FX - £238,000

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 CHANCEL DRIVE is a small detached house of 90m², which could now be worth an estimated £288,420. It was last sold for £238,000 in August 2021, which was around 27% below the average August 2021 detached price in the Fylde local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

2 CHANCEL DRIVE Sold Prices

Land registry data shows two sales for 2 CHANCEL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two 2 CHANCEL DRIVE 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
2021 25 AUG	£238,000	£324,559	27% below HPI
2020 27 FEB	£229,950	£289,607	21% below HPI

2 CHANCEL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 2 CHANCEL DRIVE sales from February 2020 and August 2021 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 February 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 CHANCEL DRIVE be worth now?

2 CHANCEL DRIVE might now be worth an estimated £288,420.

This is based on house price inflation of 21.2%, between August 2021 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.2% inflationary increase is applied to the most recent sale price for 2 CHANCEL DRIVE of £238,000 on 25th August 2021. For the value to have increased from £238,000 to £288,420 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 2 CHANCEL DRIVE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2021 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHANCEL DRIVE has not materially changed since August 2021.

How Large is 2 CHANCEL DRIVE?

2 CHANCEL DRIVE is 90m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses houses in Warton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warton, and where 2 CHANCEL DRIVE lies on this distribution: 20% of detached houses houses are smaller than 2 CHANCEL DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Warton.

2 CHANCEL DRIVE: Plot and Title Map

2 CHANCEL DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 CHANCEL DRIVE, 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 CHANCEL DRIVE). 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 CHANCEL DRIVE?

2 CHANCEL DRIVE is located in WARTON, in the PR4 postcode district. The below map shows the position of No. 2 on CHANCEL DRIVE.