1, MEADOW BANK, ORMSKIRK, L39 2HG - £184,950

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.

1 MEADOW BANK is a very small detached house of 71m², built sometime between 1991 and 1995, which could now be worth an estimated £226,496. It was last sold for £184,950 in September 2021, which was around 39% below the average September 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

1 MEADOW BANK Sold Prices

Land registry data shows two sales for 1 MEADOW BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 1 MEADOW BANK 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 30 SEP	£184,950	£303,510	39% below HPI
2008 31 JUL	£187,500	£252,095	26% below HPI

1 MEADOW BANK 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 two 1 MEADOW BANK sales from July 2008 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 July 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 MEADOW BANK be worth now?

1 MEADOW BANK might now be worth an estimated £226,496.

This is based on house price inflation of 22.5%, between September 2021 and March 2025, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 1 MEADOW BANK of £184,950 on 30th September 2021. For the value to have increased from £184,950 to £226,496 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 1 MEADOW BANK has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The September 2021 sale price of £184,950 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOW BANK has not materially changed since September 2021.

How Large is 1 MEADOW BANK?

1 MEADOW BANK is 71m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ormskirk, and where 1 MEADOW BANK lies on this distribution: 3% of detached houses houses are smaller than 1 MEADOW BANK, and 97% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

1 MEADOW BANK: Plot and Title Map

1 MEADOW BANK sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 1 MEADOW BANK, 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 MEADOW BANK). 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 MEADOW BANK?

1 MEADOW BANK is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 1 on MEADOW BANK.