2, THE CEDARS, CHORLEY, PR7 3RH - £125,000

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.

2 THE CEDARS is a semi-detached house, which could now be worth an estimated £189,367. It was last sold for £125,000 in August 2007, which was around 11% below the average August 2007 semi-detached price in the Chorley local authority area.

2 THE CEDARS Sold Prices

Land registry data shows two sales for 2 THE CEDARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. Both of the two 2 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 13 AUG	£125,000	£140,172	11% below HPI
2003 13 JUN	£79,000	£84,062	6% below HPI

What might 2 THE CEDARS be worth now?

2 THE CEDARS might now be worth an estimated £189,367.

This is based on house price inflation of 51.5%, between August 2007 and April 2026, for semi-detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.5% inflationary increase is applied to the most recent sale price for 2 THE CEDARS of £125,000 on 13th August 2007. For the value to have increased from £125,000 to £189,367 over the nineteen years and four months to April 2026, the following assumptions must hold true:

• The value of 2 THE CEDARS has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The August 2007 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CEDARS has not materially changed since August 2007.

Where is 2 THE CEDARS?

2 THE CEDARS is located in CHORLEY, in the PR7 postcode district.