3, CHARTWELL RISE, LOSTOCK HALL, PRESTON, PR5 5YE - £165,000

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 CHARTWELL RISE is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £165,000 in May 2011, which was around 21% below the average May 2011 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

3 CHARTWELL RISE Sold Prices

Land registry data shows two sales for 3 CHARTWELL RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two 3 CHARTWELL RISE 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
2011 12 MAY	£165,000	£208,582	21% below HPI
2006 11 AUG	£185,000	£219,016	16% below HPI

3 CHARTWELL RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 3 CHARTWELL RISE sales from August 2006 and May 2011 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 August 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 CHARTWELL RISE be worth now?

3 CHARTWELL RISE might now be worth an estimated £256,097.

This is based on house price inflation of 55.2%, between May 2011 and December 2024, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.2% inflationary increase is applied to the most recent sale price for 3 CHARTWELL RISE of £165,000 on 12th May 2011. For the value to have increased from £165,000 to £256,097 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 3 CHARTWELL RISE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The May 2011 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHARTWELL RISE has not materially changed since May 2011.

How Large is 3 CHARTWELL RISE?

3 CHARTWELL RISE is 106m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 3 CHARTWELL RISE lies on this distribution: 53% of detached houses houses are smaller than 3 CHARTWELL RISE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

3 CHARTWELL RISE: Plot and Title Map

3 CHARTWELL RISE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 3 CHARTWELL RISE, 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 CHARTWELL RISE). 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 CHARTWELL RISE?

3 CHARTWELL RISE is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 3 on CHARTWELL RISE.