48, THE CEDARS, CHORLEY, PR7 3RJ - £128,000

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.

48 THE CEDARS is a very small semi-detached house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £174,370. It was last sold for £128,000 in May 2020, which was around 18% below the average May 2020 semi-detached price in the Chorley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

48 THE CEDARS Sold Prices

Land registry data shows one sale for 48 THE CEDARS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 22 MAY	£128,000	£156,581	18% below HPI

What might 48 THE CEDARS be worth now?

48 THE CEDARS might now be worth an estimated £174,370.

This is based on house price inflation of 36.2%, between May 2020 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 36.2% inflationary increase is applied to the most recent sale price for 48 THE CEDARS of £128,000 on 22nd May 2020. For the value to have increased from £128,000 to £174,370 over the six years to May 2026, the following assumptions must hold true:

• The value of 48 THE CEDARS has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The May 2020 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 48 THE CEDARS has not materially changed since May 2020.

How Large is 48 THE CEDARS?

48 THE CEDARS is 62m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% 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 48 THE CEDARS lies on this distribution: 12% of semi-detached houses are smaller than 48 THE CEDARS, and 87% of semi-detached houses are larger. Note that EPC data is not available for all properties in Chorley.

48 THE CEDARS: Plot

48 THE CEDARS sits on a plot of roughly 0.045 of an acre, or 184m².

Where is 48 THE CEDARS?

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