12 neighbourhoods in Chorley have seen their average house prices fall this year according to Office for National Statistics data.
One neighbourhood has even seen a fall of nearly 14.9 per cent in the year to September 2022.
House prices moving in a negative direction is rare in the modern housing market, as average house prices in every other Chorley neighbourhood went up.
For anyone sat on the fence about selling their home, could it be time to cut your loses and move? Or, do you stick it out and wait for the seemingly inevitable resurgence of house prices?
See if your neighbourhood has made the list.
5. Chorley South West
Chorley South West saw the 8th largest fall in house prices in the year to September 2022. House prices dropped 4.8 per cent - equal to £8,000 off the average value. Photo: Christopher Furlong
6. Chorley West
Chorley West saw the 9th largest fall in house prices in the year to September 2022. House prices dropped 3.5 per cent - equal to £6,750 off the average value. Photo: Andrew Matthews
7. Eccleston & Charnock Richard
Eccleston & Charnock Richard saw the 7th largest fall in house prices in the year to September 2022. House prices dropped 5.5 per cent - equal to £14,000 off the average value. Photo: Google Maps
8. Clayton Brook
Clayton Brook saw the 3rd largest fall in house prices in the year to September 2022. House prices dropped 11.3 per cent - equal to £19,249 off the average value. Photo: Google Maps