31, RED HOUSE LANE, ECCLESTON, CHORLEY, PR7 5RH - £282,500

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

31 RED HOUSE LANE is a midsized extended detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £382,403. It was last sold for £282,500 in August 2017, which was around 16% above the average August 2017 detached price in the Chorley local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

31 RED HOUSE LANE Sold Prices

Land registry data shows three sales for 31 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. All of the three 31 RED HOUSE 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
2017 18 AUG	£282,500	£243,567	16% above HPI
2015 2 FEB	£250,000	£214,434	17% above HPI
2004 2 JUN	£185,000	£180,214	3% above HPI

31 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 31 RED HOUSE LANE sales between June 2004 and August 2017 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 February 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 31 RED HOUSE LANE be worth now?

31 RED HOUSE LANE might now be worth an estimated £382,403.

This is based on house price inflation of 35.4%, between August 2017 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 35.4% inflationary increase is applied to the most recent sale price for 31 RED HOUSE LANE of £282,500 on 18th August 2017. For the value to have increased from £282,500 to £382,403 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 31 RED HOUSE LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The August 2017 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 31 RED HOUSE LANE has not materially changed since August 2017.

How Large is 31 RED HOUSE LANE?

31 RED HOUSE LANE is 131m², which includes two extensions, according to the EPC inspection conducted in October 2024. This puts it in the largest 50% 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 31 RED HOUSE LANE lies on this distribution: 59% of detached houses houses are smaller than 31 RED HOUSE LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Eccleston.

31 RED HOUSE LANE: Plot and Title Map

31 RED HOUSE LANE sits on a plot of roughly 656.6 acres, or 2,657,018m². The below map shows the location of 31 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 31 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 31 RED HOUSE LANE?

31 RED HOUSE LANE is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 31 on RED HOUSE LANE.