10, RIDLEY LANE, MAWDESLEY, ORMSKIRK, L40 2RF - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 RIDLEY LANE is a midsized detached house of 155m², built in 2022. It was last sold for £400,000 in November 2022, which was around 18% above the average November 2022 detached price in the Chorley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was A.

10 RIDLEY LANE Sold Prices

Land registry data shows four sales for 10 RIDLEY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Most of the four 10 RIDLEY LANE 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
2022 14 NOV	£400,000	£337,586	18% above HPI
2022 1 APR	£460,000	£321,205	43% above HPI
2013 4 FEB	£300,000	£221,097	36% above HPI
2005 16 DEC	£190,000	£208,709	9% below HPI

10 RIDLEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The four 10 RIDLEY LANE sales between December 2005 and November 2022 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 April 2022 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 10 RIDLEY LANE?

10 RIDLEY LANE is 155m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Towngate, based on EPC data. The below chart shows the distribution of detached houses by size in Towngate, and where 10 RIDLEY LANE lies on this distribution: 42% of detached houses are smaller than 10 RIDLEY LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Towngate.

10 RIDLEY LANE: Plot and Title Map

10 RIDLEY LANE sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 10 RIDLEY LANE, 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 10 RIDLEY LANE). 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 10 RIDLEY LANE?

10 RIDLEY LANE is located in MAWDESLEY, in the L40 postcode district. The below map shows the position of No. 10 on RIDLEY LANE.