ROUND BANK FARM, HALL LANE, MAWDESLEY, ORMSKIRK, L40 2QZ - £415,000

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

ROUND BANK FARM is a large extended detached house of 187m², built sometime between 1930 and 1949. It was last sold for £415,000 in August 2014, which was around 84% above the average August 2014 detached price in the Chorley local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

ROUND BANK FARM Sold Prices

Land registry data shows two sales for ROUND BANK 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. One of the two ROUND BANK FARM 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
2014 1 AUG	£415,000	£225,934	84% above HPI
2007 18 MAY	£200,000	£232,706	14% below HPI

ROUND BANK 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 ROUND BANK FARM sales from May 2007 and August 2014 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2014 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is ROUND BANK FARM?

ROUND BANK FARM is 187m², which includes four extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 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 ROUND BANK FARM lies on this distribution: 67% of detached houses are smaller than ROUND BANK FARM, and 31% of houses are larger. Note that EPC data is not available for all properties in Towngate.

ROUND BANK FARM: Plot and Title Map

ROUND BANK FARM sits on a plot of roughly 0.556 of an acre, or 2,251m². The below map shows the location of ROUND BANK 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 ROUND BANK 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 ROUND BANK FARM?

ROUND BANK FARM is located on HALL LANE in MAWDESLEY, in the L40 postcode district. The below map shows the position of ROUND BANK FARM on HALL LANE.