34, RED HOUSE LANE, ECCLESTON, CHORLEY, PR7 5RH - £240,000

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

34 RED HOUSE LANE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2018, which was around 11% below the average November 2018 detached price in the Chorley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

34 RED HOUSE LANE Sold Prices

Land registry data shows two sales for 34 RED HOUSE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. Both of the two 34 RED HOUSE LANE sales 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
2018 16 NOV	£240,000	£270,621	11% below HPI
2014 18 DEC	£175,500	£231,460	24% below HPI

34 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 two 34 RED HOUSE LANE sales from December 2014 and November 2018 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 December 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 34 RED HOUSE LANE?

34 RED HOUSE LANE is 66m² according to the EPC inspection conducted in July 2014. 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 34 RED HOUSE LANE lies on this distribution: 2% of detached houses are smaller than 34 RED HOUSE LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Eccleston.

34 RED HOUSE LANE: Plot and Title Map

34 RED HOUSE LANE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 34 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 34 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 34 RED HOUSE LANE?

34 RED HOUSE LANE is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 34 on RED HOUSE LANE.