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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Weldbank Lane, Chorley is £187,316 and the estimated rental value is £1,064 per month.
Weldbank Lane, Chorley, PR7 is located in the borough of Chorley within the PR7 postal district.
116, Weldbank Lane, Chorley has 31 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 116, Weldbank Lane, Chorley is in very good condition we estimate a sale value of £196,681 and a rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,204 and a rental value of £990 per month.
Over the last 12 months the sale value of 116 Weldbank Lane Chorley has increased by an estimated £776 (0.4%) and its rental value has increased by an estimated £36 per month (3.3%), giving an expected gross yield of 6.8%.
116, Weldbank Lane, Chorley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 116, Weldbank Lane, Chorley was last sold on 26th May 2023 for £200,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Weldbank Lane, Chorley within a radius of 530 metres over the last 2 years.
The most recent example is 59, Weldbank Lane, Chorley, PR7 3NN, a freehold house which sold for £110,000 on the 13th March 2026.
Read more about house prices in PR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weldbank Lane, Chorley, PR7 has a total of 104 addresses. According to our analysis of all the public data, 116, Weldbank Lane, Chorley is the 47th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in PR7.
The closest station to 116, Weldbank Lane, Chorley is Chorley station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 116, Weldbank Lane, Chorley, 42.1% of property is privately owned outright and 40.0% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 116, Weldbank Lane, Chorley, 18.9% of residents are recorded as possessing school level qualifications and 31.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 116, Weldbank Lane, Chorley, the average age was 40.8 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 116, Weldbank Lane, Chorley, 1.8% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 116, Weldbank Lane, Chorley, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.