2, BALMORAL ROAD, CHORLEY, PR7 1LQ - £173,000

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

2 BALMORAL ROAD is a small semi-detached house of 94m², built sometime between 1930 and 1949. It was last sold for £173,000 in December 2011, which was around 39% above the average December 2011 semi-detached price in the Chorley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

2 BALMORAL ROAD Sold Prices

Land registry data shows three sales for 2 BALMORAL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Chorley local authority area for the corresponding sale date. All of the three 2 BALMORAL ROAD 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
2011 9 DEC	£173,000	£124,646	39% above HPI
1998 27 FEB	£83,000	£47,818	74% above HPI
1995 16 JUN	£65,500	£43,684	50% above HPI

2 BALMORAL ROAD 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 three 2 BALMORAL ROAD sales between June 1995 and December 2011 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 February 1998 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the December 2011 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 BALMORAL ROAD be worth now?

2 BALMORAL ROAD might now be worth an estimated £284,917.

This is based on house price inflation of 64.7%, between December 2011 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 64.7% inflationary increase is applied to the most recent sale price for 2 BALMORAL ROAD of £173,000 on 9th December 2011. For the value to have increased from £173,000 to £284,917 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 2 BALMORAL ROAD has moved in line with the HPI for semi-detached houses in the Chorley local authority area.
• The December 2011 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BALMORAL ROAD has not materially changed since December 2011.

How Large is 2 BALMORAL ROAD?

2 BALMORAL ROAD is 94m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% 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 2 BALMORAL ROAD lies on this distribution: 27% of semi-detached houses houses are smaller than 2 BALMORAL ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Chorley.

2 BALMORAL ROAD: Plot and Title Map

2 BALMORAL ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 BALMORAL ROAD, 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 2 BALMORAL ROAD). 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 2 BALMORAL ROAD?

2 BALMORAL ROAD is located in CHORLEY, in the PR7 postcode district. The below map shows the position of No. 2 on BALMORAL ROAD.