21, RED HOUSE LANE, ECCLESTON, CHORLEY, PR7 5RH - £307,500

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

21 RED HOUSE LANE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £307,500 in December 2016, which was around 28% above the average December 2016 detached price in the Chorley local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was C.

21 RED HOUSE LANE Sold Prices

Land registry data shows three sales for 21 RED HOUSE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. One of the three 21 RED HOUSE LANE sales was for above the average price, whilst two were for below 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
2016 9 DEC	£307,500	£241,088	28% above HPI
2015 18 JUN	£195,000	£231,594	16% below HPI
2010 25 MAR	£215,000	£218,311	2% below HPI

21 RED HOUSE 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 three 21 RED HOUSE LANE sales between March 2010 and December 2016 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 June 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2016 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 21 RED HOUSE LANE?

21 RED HOUSE LANE is 73m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Eccleston, based on EPC data. The below chart shows the distribution of detached houses by size in Eccleston, and where 21 RED HOUSE LANE lies on this distribution: 5% of detached houses are smaller than 21 RED HOUSE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Eccleston.

21 RED HOUSE LANE: Plot and Title Map

21 RED HOUSE LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 21 RED HOUSE 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 21 RED HOUSE 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 21 RED HOUSE LANE?

21 RED HOUSE LANE is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 21 on RED HOUSE LANE.