40, THE CEDARS, CHORLEY, PR7 3RJ - £128,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 THE CEDARS is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £128,000 in August 2011, which was around 43% below the average August 2011 detached price in the Chorley local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

40 THE CEDARS Sold Prices

Land registry data shows two sales for 40 THE CEDARS 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 40 THE CEDARS 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 AUG	£128,000	£222,999	43% below HPI
1997 7 NOV	£56,950	£84,781	33% below HPI

40 THE CEDARS 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 40 THE CEDARS sales from November 1997 and August 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 November 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2011 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 40 THE CEDARS?

40 THE CEDARS is 72m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 40 THE CEDARS lies on this distribution: 6% of detached houses are smaller than 40 THE CEDARS, and 94% of houses are larger. Note that EPC data is not available for all properties in Chorley.

40 THE CEDARS: Plot and Title Map

40 THE CEDARS sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 40 THE CEDARS, 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 40 THE CEDARS). 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 40 THE CEDARS?

40 THE CEDARS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 40 on THE CEDARS.