55, THE CEDARS, CHORLEY, PR7 3RJ - £185,000

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.

55 THE CEDARS is a detached house, which could now be worth an estimated £287,537. It was last sold for £185,000 in December 2014, which was around 16% below the average December 2014 detached price in the Chorley local authority area.

55 THE CEDARS Sold Prices

Land registry data shows five sales for 55 THE CEDARS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Most of the five 55 THE CEDARS sales were for above 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
2014 12 DEC	£185,000	£221,017	16% below HPI
2004 19 MAR	£187,000	£167,899	11% above HPI
2004 19 MAR	£187,000	£167,899	11% above HPI
2002 16 DEC	£135,000	£131,305	3% above HPI
1997 21 MAY	£77,000	£78,590	2% below HPI

What might 55 THE CEDARS be worth now?

55 THE CEDARS might now be worth an estimated £287,537.

This is based on house price inflation of 55.4%, between December 2014 and May 2026, for 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 55.4% inflationary increase is applied to the most recent sale price for 55 THE CEDARS of £185,000 on 12th December 2014. For the value to have increased from £185,000 to £287,537 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of 55 THE CEDARS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The December 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 55 THE CEDARS has not materially changed since December 2014.

Where is 55 THE CEDARS?

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