7, CHARTWELL RISE, LOSTOCK HALL, PRESTON, PR5 5YE - £320,000

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.

7 CHARTWELL RISE is a midsized detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £357,787. It was last sold for £320,000 in May 2022, which was around 10% above the average May 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

7 CHARTWELL RISE Sold Prices

Land registry data shows three sales for 7 CHARTWELL RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Two of the three 7 CHARTWELL RISE sales were for above the average price, whilst one was 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
2022 18 MAY	£320,000	£289,673	10% above HPI
2015 8 MAY	£210,000	£215,445	3% below HPI
2002 24 MAY	£125,000	£116,258	8% above HPI

7 CHARTWELL RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 7 CHARTWELL RISE sales between May 2002 and May 2022 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 May 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 7 CHARTWELL RISE be worth now?

7 CHARTWELL RISE might now be worth an estimated £357,787.

This is based on house price inflation of 11.8%, between May 2022 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.8% inflationary increase is applied to the most recent sale price for 7 CHARTWELL RISE of £320,000 on 18th May 2022. For the value to have increased from £320,000 to £357,787 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 7 CHARTWELL RISE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The May 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHARTWELL RISE has not materially changed since May 2022.

How Large is 7 CHARTWELL RISE?

7 CHARTWELL RISE is 107m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 7 CHARTWELL RISE lies on this distribution: 53% of detached houses houses are smaller than 7 CHARTWELL RISE, and 45% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

7 CHARTWELL RISE: Plot and Title Map

7 CHARTWELL RISE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 7 CHARTWELL RISE, 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 7 CHARTWELL RISE). 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 7 CHARTWELL RISE?

7 CHARTWELL RISE is located in LOSTOCK HALL, in the PR5 postcode district. The below map shows the position of No. 7 on CHARTWELL RISE.