31, CHAPEL ROAD, HESKETH BANK, PRESTON, PR4 6RT - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 CHAPEL ROAD is a midsized extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £195,000 in December 2005, which was around 13% below the average December 2005 detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

31 CHAPEL ROAD Sold Prices

Land registry data shows two sales for 31 CHAPEL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 31 CHAPEL ROAD 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
2005 22 DEC	£195,000	£224,709	13% below HPI
2000 3 NOV	£59,000	£113,650	48% below HPI

31 CHAPEL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 31 CHAPEL ROAD sales from November 2000 and December 2005 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 2000 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2005 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 31 CHAPEL ROAD?

31 CHAPEL ROAD is 128m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Hesketh Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hesketh Bank, and where 31 CHAPEL ROAD lies on this distribution: 59% of detached houses are smaller than 31 CHAPEL ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Hesketh Bank.

31 CHAPEL ROAD: Plot and Title Map

31 CHAPEL ROAD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 31 CHAPEL ROAD, 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 31 CHAPEL ROAD). 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 31 CHAPEL ROAD?

31 CHAPEL ROAD is located in HESKETH BANK, in the PR4 postcode district. The below map shows the position of No. 31 on CHAPEL ROAD.