NEWHOLME, RIDLEY LANE, MAWDESLEY, ORMSKIRK, L40 2RE - £395,000

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.

NEWHOLME is a small extended detached house of 149m², built sometime between 1930 and 1949, which could now be worth an estimated £399,850. It was last sold for £395,000 in June 2024, which was around 23% above the average June 2024 detached price in the Chorley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

NEWHOLME Sold Prices

Land registry data shows two sales for NEWHOLME 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. One of the two NEWHOLME sales was for above the average price, whilst the other 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
2024 6 JUN	£395,000	£320,705	23% above HPI
2022 16 DEC	£300,000	£322,319	7% below HPI

NEWHOLME 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 NEWHOLME sales from December 2022 and June 2024 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 2022 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might NEWHOLME be worth now?

NEWHOLME might now be worth an estimated £399,850.

This is based on house price inflation of 1.2%, between June 2024 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 1.2% inflationary increase is applied to the most recent sale price for NEWHOLME of £395,000 on 6th June 2024. For the value to have increased from £395,000 to £399,850 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of NEWHOLME has moved in line with the HPI for detached houses in the Chorley local authority area.
• The June 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of NEWHOLME has not materially changed since June 2024.

How Large is NEWHOLME?

NEWHOLME is 149m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses houses in Towngate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Towngate, and where NEWHOLME lies on this distribution: 37% of detached houses houses are smaller than NEWHOLME, and 62% of houses are larger. Note that EPC data is not available for all properties in Towngate.

NEWHOLME: Plot and Title Map

NEWHOLME sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of NEWHOLME, 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 NEWHOLME). 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 NEWHOLME?

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