GODWIT COTTAGE, RIDLEY LANE, MAWDESLEY, ORMSKIRK, L40 2RF - £435,000

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

GODWIT COTTAGE is a small extended semi-detached house of 140m², built sometime before 1900. It was last sold for £435,000 in December 2019, which was around 61% above the average December 2019 detached price in the Chorley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

GODWIT COTTAGE Sold Prices

Land registry data shows three sales for GODWIT COTTAGE 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 GODWIT COTTAGE 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
2019 13 DEC	£435,000	£270,006	61% above HPI
2014 4 NOV	£350,000	£232,560	50% above HPI
2001 31 JAN	£142,000	£96,942	46% above HPI

GODWIT COTTAGE 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 GODWIT COTTAGE sales between January 2001 and December 2019 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 November 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2019 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is GODWIT COTTAGE?

GODWIT COTTAGE is 140m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses in Towngate, based on EPC data. The below chart shows the distribution of detached houses by size in Towngate, and where GODWIT COTTAGE lies on this distribution: 21% of detached houses are smaller than GODWIT COTTAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Towngate.

GODWIT COTTAGE: Plot and Title Map

GODWIT COTTAGE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of GODWIT COTTAGE, 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 GODWIT COTTAGE). 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 GODWIT COTTAGE?

GODWIT COTTAGE is located on RIDLEY LANE in MAWDESLEY, in the L40 postcode district. The below map shows the position of GODWIT COTTAGE on RIDLEY LANE.