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

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

NEWHOLME is a small extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £395,000 in June 2024, which was around 16% 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	£339,553	16% above HPI
2022 16 DEC	£300,000	£337,549	11% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2024 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

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 in Towngate, based on EPC data. The below chart shows the distribution of detached houses by size in Towngate, and where NEWHOLME lies on this distribution: 37% of detached 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 0.747 of an acre, or 3,021m². 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.