31, CYPRESS CLOSE, LEYLAND, PR25 5TY - £293,000

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.

31 CYPRESS CLOSE is a midsized detached house of 114m², which could now be worth an estimated £326,691. It was last sold for £293,000 in September 2021, which was around 1% above the average September 2021 detached price in the Chorley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

31 CYPRESS CLOSE Sold Prices

Land registry data shows two sales for 31 CYPRESS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 31 CYPRESS CLOSE sales were for above 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 10 SEP	£293,000	£291,163	1% above HPI
2014 19 DEC	£254,995	£221,017	15% above HPI

31 CYPRESS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 31 CYPRESS CLOSE sales from December 2014 and September 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 December 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 31 CYPRESS CLOSE be worth now?

31 CYPRESS CLOSE might now be worth an estimated £326,691.

This is based on house price inflation of 11.5%, between September 2021 and February 2025, 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 11.5% inflationary increase is applied to the most recent sale price for 31 CYPRESS CLOSE of £293,000 on 10th September 2021. For the value to have increased from £293,000 to £326,691 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 31 CYPRESS CLOSE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The September 2021 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CYPRESS CLOSE has not materially changed since September 2021.

How Large is 31 CYPRESS CLOSE?

31 CYPRESS CLOSE is 114m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 31 CYPRESS CLOSE lies on this distribution: 50% of detached houses houses are smaller than 31 CYPRESS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Leyland.

31 CYPRESS CLOSE: Plot and Title Map

31 CYPRESS CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 31 CYPRESS CLOSE, 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 CYPRESS CLOSE). 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 CYPRESS CLOSE?

31 CYPRESS CLOSE is located in LEYLAND, in the PR25 postcode district. The below map shows the position of No. 31 on CYPRESS CLOSE.