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

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.

62 THE CEDARS is a detached house, which could now be worth an estimated £257,386. It was last sold for £55,000 in March 1996, which was around 25% below the average March 1996 detached price in the Chorley local authority area.

62 THE CEDARS Sold Prices

Land registry data shows one sale for 62 THE CEDARS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
1996 29 MAR	£55,000	£73,405	25% below HPI

What might 62 THE CEDARS be worth now?

62 THE CEDARS might now be worth an estimated £257,386.

This is based on house price inflation of 368%, between March 1996 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 368% inflationary increase is applied to the most recent sale price for 62 THE CEDARS of £55,000 on 29th March 1996. For the value to have increased from £55,000 to £257,386 over the 29 years and ten months to May 2026, the following assumptions must hold true:

• The value of 62 THE CEDARS has moved in line with the HPI for detached houses in the Chorley local authority area.
• The March 1996 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 62 THE CEDARS has not materially changed since March 1996.

Where is 62 THE CEDARS?

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