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

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

10 RIDLEY LANE is a midsized detached house of 155m², built in 2022, which could now be worth an estimated £409,118. It was last sold for £400,000 in November 2022, which was around 24% 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	£322,354	24% above HPI
2022 1 APR	£460,000	£306,713	50% above HPI
2013 4 FEB	£300,000	£211,122	42% above HPI
2005 16 DEC	£190,000	£199,292	5% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 10 RIDLEY LANE be worth now?

10 RIDLEY LANE might now be worth an estimated £409,118.

This is based on house price inflation of 2.3%, between November 2022 and December 2024, for 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 2.3% inflationary increase is applied to the most recent sale price for 10 RIDLEY LANE of £400,000 on 14th November 2022. For the value to have increased from £400,000 to £409,118 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 10 RIDLEY LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The November 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RIDLEY LANE has not materially changed since November 2022.

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 houses in Towngate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Towngate, and where 10 RIDLEY LANE lies on this distribution: 42% of detached houses 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 0.071 of an acre, or 288m². 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.