![[Assessed 106.7%] Land in Chofu, Tokyo — 16 min from Nishi-Chofu Sta.](https://img01.suumo.com/front/gazo/bukken/030/N010000/img/144/77531144/77531144_0013.jpg)
[Assessed 106.7%] Land in Chofu, Tokyo — 16 min from Nishi-Chofu Sta.
Property Overview
| Location | Chofu, Tokyo |
| Nearest Station | Keio Line Nishi-Chofu Sta. |
| Walk | 16 min walk |
| Assessed Ratio | 106.7%Assessed 106.7% |
| Price | ¥16,500,000 |
| Type | Land |
| Land Area | 65.19㎡ |
Where This Property Is Listed
This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.
| SUUMO | ¥16,500,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥17,601,300 |
| Building assessed value | - |
| Total assessed value | ¥17,601,300 |
| Asking price | ¥16,500,000 |
| Assessed ratio | 106.7% |
Calculation basis
- Land = road price ¥270,000/m² × land area 65.19m²
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +12.5%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 240,000 | — |
| 2025 | 255,000 | +6.3% |
| 2026 | 270,000 | +5.9% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Because the price is below the land value based on the route price, we checked the 2026 route price maps, the listing photos and lot plan, and GSI elevation data to confirm how the private road burden should be treated and how the site sits relative to its surroundings.
What We Could Not Confirm
- The listings do not state whether the buyer receives a share of the designated private road in front, or whether consent for passage and excavation is in place. This needs to be confirmed with the agent.
- Listings disagree on the private road burden (10.34 m² vs none). If the 10.34 m² is included in the 65.19 m² land area, the assessed ratio falls from about 106.7% to about 89.8%.
- We have not confirmed whether the designated road has its own route price (i.e., whether a specific route price must be set). The representative value is that of the local streets in the 4-chome.
- The address is disclosed only to the 4-chome level, and the lot number is unknown. The location was estimated from the distance to a nearby junior high school and the listing map pin.
※ Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.
Neighborhood ① Shopping Near the Station
Neighborhood ② Dining Near the Station
About This Property
This is a plot of land for sale in Fujimi-cho 4-chome, Chofu. The listing gives a 16-minute walk from Nishi-Chofu Station on the Keio Line and a 25-minute walk from Chofu Station; there is also a bus route of 18 minutes from Chofu Station to the Otozakashita stop, followed by an 8-minute walk. The site is in a Category 1 low-rise residential zone (building coverage 40%, floor area ratio 80%). According to another listing of the same land, Chofu Municipal Chofu Junior High School is about 250 m away and Ishihara Elementary School about 680 m. The address is disclosed only down to the 4-chome level.
The land is a regular rectangle of 65.19 m² by registry (about 5.2 m by 12.1 m on the lot plan) and is to be handed over as vacant land after a boundary survey. It is freehold, registered as residential land, with no building-contractor condition. It fronts a designated private road (Building Standards Act Article 42-1-5) about 4 m wide on the southeast side for about 5 m. ⚠️ Because the floor area ratio is 80%, the buildable floor area is limited to roughly 52 m². Utilities are public water, public sewer and city gas; the listing mentions the Landscape Act and the Civil Aeronautics Act as restrictions. The price is 16.5 million yen.
The land is valued at its full 65.19 m². We used 270,000 yen/m² (leasehold ratio D), the most common value on the local streets within the 4-chome. It has risen every year from 240,000 yen/m² in 2024 and 255,000 yen/m² in 2025, about 12.5% over two years. The assessed ratio is about 106.7%, meaning the price is below the land value based on the route price. ⚠️ Listings disagree on the private road burden: one shows 10.34 m², the other shows none. Judging from the lot plan dimensions, we treat the 10.34 m² as a share of the designated road outside the 65.19 m² and do not deduct it; if it were included in the land area, the effective land would be 54.85 m² and the ratio about 89.8%.
This is a small vacant lot in a low-rise residential area 16 minutes on foot from the station. Because it faces a private road, whether the buyer receives a share of that road, whether consent for passage and excavation is in place, and whether a specific route price is needed for the designated road should be confirmed with the agent and Chofu City. Possible reasons the price is below the land value include the small buildable area, the private-road frontage and the distance from the station.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
Learn About Assessed Value and Financing
Our blog explains the basics you need to read the numbers on this page.
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積算評価・担保評価とは？計算方法と調べ方をわかりやすく解説
積算評価（担保評価）とは、銀行が物件の担保価値を土地と建物から計算する方法です。計算式・再調達価格・法定耐用年数の目安、路線価を使った調べ方、融資が付きやすい物件の特徴を計算例つきで解説します。
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