3, CEDAR WALK, ELSWICK, PRESTON, PR4 3ZR - £183,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CEDAR WALK is a small extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £246,950. It was last sold for £183,000 in August 2016, which was around 35% below the average August 2016 detached price in the Fylde local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

3 CEDAR WALK Sold Prices

Land registry data shows three sales for 3 CEDAR WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. All of the three 3 CEDAR WALK 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
2016 31 AUG	£183,000	£283,601	35% below HPI
2010 1 NOV	£193,000	£265,896	27% below HPI
1995 17 FEB	£80,000	£91,287	12% below HPI

3 CEDAR WALK 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 three 3 CEDAR WALK sales between February 1995 and August 2016 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 November 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 CEDAR WALK be worth now?

3 CEDAR WALK might now be worth an estimated £246,950.

This is based on house price inflation of 34.9%, between August 2016 and December 2024, 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 34.9% inflationary increase is applied to the most recent sale price for 3 CEDAR WALK of £183,000 on 31st August 2016. For the value to have increased from £183,000 to £246,950 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 CEDAR WALK has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2016 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CEDAR WALK has not materially changed since August 2016.

How Large is 3 CEDAR WALK?

3 CEDAR WALK is 99m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses houses in Elswick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elswick, and where 3 CEDAR WALK lies on this distribution: 30% of detached houses houses are smaller than 3 CEDAR WALK, and 69% of houses are larger. Note that EPC data is not available for all properties in Elswick.

3 CEDAR WALK: Plot and Title Map

3 CEDAR WALK sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 CEDAR WALK, 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 3 CEDAR WALK). 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 3 CEDAR WALK?

3 CEDAR WALK is located in ELSWICK, in the PR4 postcode district. The below map shows the position of No. 3 on CEDAR WALK.