RED COT, DRYFIELD LANE, RIVINGTON, BOLTON, BL6 7RT - £465,000

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.

RED COT is a large detached house of 133m², built sometime between 1900 and 1929, which could now be worth an estimated £582,680. It was last sold for £465,000 in July 2019, which was around 79% above the average July 2019 detached price in the Chorley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

RED COT Sold Prices

Land registry data shows two sales for RED COT 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 RED COT 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 12 JUL	£465,000	£259,077	79% above HPI
2018 16 MAY	£360,000	£248,851	45% above HPI

RED COT 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 RED COT sales from May 2018 and July 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 May 2018 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2019 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might RED COT be worth now?

RED COT might now be worth an estimated £582,680.

This is based on house price inflation of 25.3%, between July 2019 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 25.3% inflationary increase is applied to the most recent sale price for RED COT of £465,000 on 12th July 2019. For the value to have increased from £465,000 to £582,680 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of RED COT has moved in line with the HPI for detached houses in the Chorley local authority area.
• The July 2019 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of RED COT has not materially changed since July 2019.

How Large is RED COT?

RED COT is 133m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses houses in Horwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horwich, and where RED COT lies on this distribution: 77% of detached houses houses are smaller than RED COT, and 23% of houses are larger. Note that EPC data is not available for all properties in Horwich.

RED COT: Plot and Title Map

RED COT sits on a plot of roughly 3.8 acres, or 15,438m². The below map shows the location of RED COT, 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 RED COT). 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 RED COT?

RED COT is located on DRYFIELD LANE in RIVINGTON, in the BL6 postcode district. The below map shows the position of RED COT on DRYFIELD LANE.