121, THE CEDARS, CHORLEY, PR7 3RP - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

121 THE CEDARS is a very small semi-detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £201,374. It was last sold for £135,000 in May 2016, which was around 2% below the average May 2016 semi-detached price in the Chorley local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

121 THE CEDARS Sold Prices

Land registry data shows four sales for 121 THE CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. Most of the four 121 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
2016 20 MAY	£135,000	£137,620	2% below HPI
2012 16 MAR	£117,500	£119,829	2% below HPI
2007 16 JUL	£140,500	£139,706	1% above HPI
2003 14 MAR	£70,000	£77,014	9% below HPI

121 THE CEDARS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chorley local authority area over time, sourced from the HPI. The four 121 THE CEDARS sales between March 2003 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2016 sale, which was also at 2% below the HPI.

What might 121 THE CEDARS be worth now?

121 THE CEDARS might now be worth an estimated £201,374.

This is based on house price inflation of 49.2%, between May 2016 and December 2024, 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 49.2% inflationary increase is applied to the most recent sale price for 121 THE CEDARS of £135,000 on 20th May 2016. For the value to have increased from £135,000 to £201,374 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 121 THE CEDARS has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The May 2016 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 121 THE CEDARS has not materially changed since May 2016.

How Large is 121 THE CEDARS?

121 THE CEDARS is 66m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of semi-detached houses houses in Chorley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chorley, and where 121 THE CEDARS lies on this distribution: 3% of semi-detached houses houses are smaller than 121 THE CEDARS, and 97% of houses are larger. Note that EPC data is not available for all properties in Chorley.

121 THE CEDARS: Plot and Title Map

121 THE CEDARS sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 121 THE CEDARS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 121 THE CEDARS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 121 THE CEDARS?

121 THE CEDARS is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 121 on THE CEDARS.