122, THE CEDARS, CHORLEY, PR7 3RP - £167,000

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.

122 THE CEDARS is a very small semi-detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £190,517. It was last sold for £167,000 in March 2022, which was around 11% below the average March 2022 semi-detached price in the Chorley local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

122 THE CEDARS Sold Prices

Land registry data shows six sales for 122 THE CEDARS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. All of the six 122 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
2022 31 MAR	£167,000	£186,975	11% below HPI
2018 26 JAN	£125,000	£147,032	15% below HPI
2006 15 DEC	£119,000	£137,564	13% below HPI
2000 14 JUN	£44,000	£51,451	14% below HPI
1997 30 MAY	£43,000	£45,487	5% below HPI
1997 30 MAY	£20,000	£45,487	56% below HPI

What might 122 THE CEDARS be worth now?

122 THE CEDARS might now be worth an estimated £190,517.

This is based on house price inflation of 14.1%, between March 2022 and May 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 14.1% inflationary increase is applied to the most recent sale price for 122 THE CEDARS of £167,000 on 31st March 2022. For the value to have increased from £167,000 to £190,517 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 122 THE CEDARS has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The March 2022 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 122 THE CEDARS has not materially changed since March 2022.

How Large is 122 THE CEDARS?

122 THE CEDARS is 58m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of semi-detached houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Chorley, and where 122 THE CEDARS lies on this distribution: 7% of semi-detached houses are smaller than 122 THE CEDARS, and 92% of semi-detached houses are larger. Note that EPC data is not available for all properties in Chorley.

122 THE CEDARS: Plot

122 THE CEDARS sits on a plot of roughly 0.038 of an acre, or 155m².

Where is 122 THE CEDARS?

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