6, RED HOUSE LANE, ECCLESTON, CHORLEY, PR7 5RH - £425,000

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.

6 RED HOUSE LANE is a very large detached house of 193m², built sometime between 2003 and 2006, which could now be worth an estimated £703,105. It was last sold for £425,000 in July 2009, which was around 106% above the average July 2009 detached price in the Chorley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

6 RED HOUSE LANE Sold Prices

Land registry data shows three sales for 6 RED HOUSE LANE 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 6 RED HOUSE LANE 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
2009 31 JUL	£425,000	£206,189	106% above HPI
2007 19 JAN	£440,000	£223,569	97% above HPI
2004 30 JUL	£215,300	£189,842	13% above HPI

6 RED HOUSE LANE 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 6 RED HOUSE LANE sales between July 2004 and July 2009 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 January 2007 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the July 2009 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 6 RED HOUSE LANE be worth now?

6 RED HOUSE LANE might now be worth an estimated £703,105.

This is based on house price inflation of 65.4%, between July 2009 and March 2026, 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 65.4% inflationary increase is applied to the most recent sale price for 6 RED HOUSE LANE of £425,000 on 31st July 2009. For the value to have increased from £425,000 to £703,105 over the seventeen years and four months to March 2026, the following assumptions must hold true:

• The value of 6 RED HOUSE LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The July 2009 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RED HOUSE LANE has not materially changed since July 2009.

How Large is 6 RED HOUSE LANE?

6 RED HOUSE LANE is 193m² according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Eccleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eccleston, and where 6 RED HOUSE LANE lies on this distribution: 89% of detached houses houses are smaller than 6 RED HOUSE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Eccleston.

6 RED HOUSE LANE: Plot and Title Map

6 RED HOUSE LANE sits on a plot of roughly 656.6 acres, or 2,657,018m². The below map shows the location of 6 RED HOUSE LANE, 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 6 RED HOUSE LANE). 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 6 RED HOUSE LANE?

6 RED HOUSE LANE is located in ECCLESTON, in the PR7 postcode district. The below map shows the position of No. 6 on RED HOUSE LANE.