SIEMPRE, RIDLEY LANE, MAWDESLEY, ORMSKIRK, L40 2RE - £400,000

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

SIEMPRE is a midsized extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £400,000 in September 2020, which was around 43% above the average September 2020 detached price in the Chorley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

SIEMPRE Sold Prices

Land registry data shows two sales for SIEMPRE 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 SIEMPRE 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 9 SEP	£400,000	£280,341	43% above HPI
2001 7 AUG	£189,950	£106,511	78% above HPI

SIEMPRE 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 SIEMPRE sales from August 2001 and September 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 August 2001 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the September 2020 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is SIEMPRE?

SIEMPRE is 170m², which includes four extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Towngate, based on EPC data. The below chart shows the distribution of detached houses by size in Towngate, and where SIEMPRE lies on this distribution: 56% of detached houses are smaller than SIEMPRE, and 42% of houses are larger. Note that EPC data is not available for all properties in Towngate.

SIEMPRE: Plot and Title Map

SIEMPRE sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of SIEMPRE, 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 SIEMPRE). 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 SIEMPRE?

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