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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 RED HOUSE LANE is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £433,636. It was last sold for £307,500 in December 2016, which was around 34% 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. Two of the three 21 RED HOUSE LANE sales were for above the average price, whilst one was 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	£230,211	34% above HPI
2015 18 JUN	£195,000	£221,145	12% below HPI
2010 25 MAR	£215,000	£208,461	3% above 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2016 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 21 RED HOUSE LANE be worth now?

21 RED HOUSE LANE might now be worth an estimated £433,636.

This is based on house price inflation of 41%, between December 2016 and February 2025, 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 41% inflationary increase is applied to the most recent sale price for 21 RED HOUSE LANE of £307,500 on 9th December 2016. For the value to have increased from £307,500 to £433,636 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 21 RED HOUSE LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The December 2016 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 21 RED HOUSE LANE has not materially changed since December 2016.

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 houses in Eccleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eccleston, and where 21 RED HOUSE LANE lies on this distribution: 5% of detached houses 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 656.6 acres, or 2,657,018m². 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.