RIDINGS FARM, RAILWAY ROAD, ADLINGTON, CHORLEY, PR6 9RB - £215,000

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

RIDINGS FARM is a large extended detached house of 144m², built sometime before 1900. It was last sold for £215,000 in June 2015, which was around 7% below the average June 2015 detached price in the Chorley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

RIDINGS FARM Sold Prices

Land registry data shows two sales for RIDINGS FARM 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 RIDINGS FARM sales were 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
2015 5 JUN	£215,000	£231,594	7% below HPI
2008 29 AUG	£225,000	£227,968	1% below HPI

RIDINGS FARM 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 RIDINGS FARM sales from August 2008 and June 2015 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 August 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2015 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is RIDINGS FARM?

RIDINGS FARM is 144m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses in Adlington, based on EPC data. The below chart shows the distribution of detached houses by size in Adlington, and where RIDINGS FARM lies on this distribution: 77% of detached houses are smaller than RIDINGS FARM, and 22% of houses are larger. Note that EPC data is not available for all properties in Adlington.

RIDINGS FARM: Plot and Title Map

RIDINGS FARM sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of RIDINGS FARM, 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 RIDINGS FARM). 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 RIDINGS FARM?

RIDINGS FARM is located on RAILWAY ROAD in ADLINGTON, in the PR6 postcode district. The below map shows the position of RIDINGS FARM on RAILWAY ROAD.