98, THE CEDARS, CHORLEY, PR7 3RL - £132,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

98 THE CEDARS is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £132,000 in March 2016, which was around 44% below the average March 2016 detached price in the Chorley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

98 THE CEDARS Sold Prices

Land registry data shows two sales for 98 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 98 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 21 MAR	£132,000	£236,042	44% below HPI
2007 1 AUG	£175,000	£237,730	26% below HPI

98 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 98 THE CEDARS sales from August 2007 and March 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 98 THE CEDARS?

98 THE CEDARS is 67m² according to the EPC inspection conducted in July 2013. 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 98 THE CEDARS lies on this distribution: 3% of detached houses are smaller than 98 THE CEDARS, and 97% of houses are larger. Note that EPC data is not available for all properties in Chorley.

98 THE CEDARS: Plot and Title Map

98 THE CEDARS sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 98 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 98 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 98 THE CEDARS?

98 THE CEDARS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 98 on THE CEDARS.