OAK LODGE, OLD SCHOOL LANE, EUXTON, CHORLEY, PR7 6QJ - £262,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAK LODGE is a midsized detached house of 123m², built sometime between 1996 and 2002. It was last sold for £262,000 in August 2016, which was around 7% above the average August 2016 detached price in the Chorley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

OAK LODGE Sold Prices

Land registry data shows six sales for OAK LODGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the six OAK LODGE 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
2016 19 AUG	£262,000	£245,677	7% above HPI
2007 7 FEB	£250,000	£231,712	8% above HPI
2005 3 NOV	£215,000	£212,500	1% above HPI
2005 10 MAR	£216,000	£213,649	1% above HPI
2002 25 JAN	£135,000	£107,224	26% above HPI
2001 27 APR	£115,000	£97,958	17% above HPI

OAK LODGE 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 six OAK LODGE sales between April 2001 and August 2016 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 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is OAK LODGE?

OAK LODGE is 123m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Euxton, based on EPC data. The below chart shows the distribution of detached houses by size in Euxton, and where OAK LODGE lies on this distribution: 59% of detached houses are smaller than OAK LODGE, and 41% of houses are larger. Note that EPC data is not available for all properties in Euxton.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of OAK LODGE, 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 OAK LODGE). 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 OAK LODGE?

OAK LODGE is located on OLD SCHOOL LANE in EUXTON, in the PR7 postcode district. The below map shows the position of OAK LODGE on OLD SCHOOL LANE.