Hoghton Lane, Hoghton PR5
North West
£550,000
Listed on 04/10/2026
Listed on 04/10/2026
The listing
Property details
Bedrooms
—Type
LandArea
1800 sqftDescription
An established farmhouse, barn and outbuildings form the basis of this development site in a rural setting. The current proposal envisages around four substantial homes of approximately 1,600 to 1,800 sq ft each, subject to detailed planning consent. Planning permission in principle is stated to be in place, with alternative layouts or uses also potentially worth exploring, subject to the relevant planning approvals. The site combines existing buildings, mature greenery and open surroundings, offering a developer the opportunity to shape a small residential scheme while working with the character of the existing setting.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
27out of 100
Grade ELow opportunity
Confidence: LOW
At £550,000, this is priced well above the local average per square foot, so the numbers make it a weak-value opportunity at the asking price. The appeal is the setting and the existing farmhouse, barn and outbuildings, with planning permission in principle for a scheme of around four homes, subject to detailed consent. That gives a developer scope to shape a distinctive project, but the external finishes are visibly weathered and the outbuildings look aged, so this is a substantial undertaking rather than a cosmetic refresh.
Key opportunities
- Work with the farmhouse, barn and ancillary buildings as the starting point for a considered scheme, rather than beginning with a blank site.
- The mature trees, hedges and open field views offer a strong setting for generous plots and a distinctive small collection of homes.
- The proposed four-home vision leaves scope to shape the layout and character of the project, subject to detailed planning consent.
Key risks
- Weathered farmhouse masonry and aged-looking outbuilding roofs and cladding need careful assessment; the photographs do not establish their full condition.
- This is a heavy, site-wide programme involving the farmhouse and ancillary buildings, with external repairs and grounds work to plan alongside the development timetable—not a cosmetic refresh.
- The asking price is well above the local £/sqf average, weakening the value case at this level.
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Transport
Nearest stations
Bamber Bridge Rail Station
2.3 miles
Train · Bamber Bridge
Pleasington Rail Station
2.7 miles
Train · Pleasington
Lostock Hall Rail Station
3.4 miles
Train · Lostock Hall
Cherry Tree Rail Station
3.7 miles
Train · Cherry Tree
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
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%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£2,247
Based on a loan of £412,500 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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