54, THE CEDARS, CHORLEY, PR7 3RJ - £160,500

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

54 THE CEDARS is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £160,500 in January 2016, which was around 34% below the average January 2016 detached price in the Chorley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

54 THE CEDARS Sold Prices

Land registry data shows two sales for 54 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 54 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
2016 4 JAN	£160,500	£243,465	34% below HPI
2006 10 AUG	£163,000	£226,065	28% below HPI

54 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 54 THE CEDARS sales from August 2006 and January 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 August 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 54 THE CEDARS?

54 THE CEDARS is 69m² according to the EPC inspection conducted in September 2015. 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 54 THE CEDARS lies on this distribution: 4% of detached houses are smaller than 54 THE CEDARS, and 95% of houses are larger. Note that EPC data is not available for all properties in Chorley.

54 THE CEDARS: Plot and Title Map

54 THE CEDARS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 54 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 54 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 54 THE CEDARS?

54 THE CEDARS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 54 on THE CEDARS.