RIDLEY HOUSE, RIDLEY LANE, MAWDESLEY, ORMSKIRK, L40 2RF - £490,000

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

RIDLEY HOUSE is a small extended detached house of 149m², built sometime before 1900. It was last sold for £490,000 in December 2020, which was around 67% above the average December 2020 detached price in the Chorley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

RIDLEY HOUSE Sold Prices

Land registry data shows three sales for RIDLEY HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chorley local authority area for the corresponding sale date. All of the three RIDLEY HOUSE 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
2020 4 DEC	£490,000	£292,964	67% above HPI
2013 8 FEB	£410,000	£221,097	85% above HPI
2000 31 MAR	£187,000	£96,818	93% above HPI

RIDLEY HOUSE 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 three RIDLEY HOUSE sales between March 2000 and December 2020 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 2013 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the December 2020 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is RIDLEY HOUSE?

RIDLEY HOUSE is 149m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 RIDLEY HOUSE lies on this distribution: 37% of detached houses are smaller than RIDLEY HOUSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Towngate.

RIDLEY HOUSE: Plot and Title Map

RIDLEY HOUSE sits on a plot of roughly 0.148 of an acre, or 601m². The below map shows the location of RIDLEY HOUSE, 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 RIDLEY HOUSE). 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 RIDLEY HOUSE?

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