1, FORGE CLOSE, WESTHEAD, ORMSKIRK, L40 6HP - £265,000

1 FORGE CLOSE is a very small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £265,000 in September 2021, which was around 17% below the average September 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was A.

1 FORGE CLOSE Sold Prices

Land registry data shows three sales for 1 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 1 FORGE CLOSE sales were 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
2021 10 SEP	£265,000	£318,624	17% below HPI
2017 17 AUG	£215,000	£284,638	24% below HPI
1999 28 OCT	£73,500	£102,272	28% below HPI

1 FORGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 1 FORGE CLOSE sales between October 1999 and September 2021 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 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 FORGE CLOSE?

1 FORGE CLOSE is 100m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Westhead, based on EPC data. The below chart shows the distribution of detached houses by size in Westhead, and where 1 FORGE CLOSE lies on this distribution: 18% of detached houses are smaller than 1 FORGE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Westhead.

1 FORGE CLOSE: Plot and Title Map

1 FORGE CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 1 FORGE CLOSE, 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 1 FORGE CLOSE). 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 1 FORGE CLOSE?

1 FORGE CLOSE is located in WESTHEAD, in the L40 postcode district. The below map shows the position of No. 1 on FORGE CLOSE.