58, THE CEDARS, CHORLEY, PR7 3RJ - £182,000

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

58 THE CEDARS is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £182,000 in March 2007, which was around 20% below the average March 2007 detached price in the Chorley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

58 THE CEDARS Sold Prices

Land registry data shows two sales for 58 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 58 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
2007 5 MAR	£182,000	£228,630	20% below HPI
2006 24 MAR	£164,000	£214,033	23% below HPI

58 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 58 THE CEDARS sales from March 2006 and March 2007 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 March 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2007 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 58 THE CEDARS?

58 THE CEDARS is 90m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Chorley, based on EPC data. The below chart shows the distribution of detached houses by size in Chorley, and where 58 THE CEDARS lies on this distribution: 21% of detached houses are smaller than 58 THE CEDARS, and 77% of houses are larger. Note that EPC data is not available for all properties in Chorley.

58 THE CEDARS: Plot and Title Map

58 THE CEDARS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 58 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 58 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 58 THE CEDARS?

58 THE CEDARS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 58 on THE CEDARS.