111, GRIMSHAW LANE, ORMSKIRK, L39 1PB - £152,000

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.

111 GRIMSHAW LANE is a very small extended terraced house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £234,919. It was last sold for £152,000 in February 2017, which was around 29% above the average February 2017 terraced price in the West Lancashire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

111 GRIMSHAW LANE Sold Prices

Land registry data shows two sales for 111 GRIMSHAW LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the West Lancashire local authority area for the corresponding sale date. Both of the two 111 GRIMSHAW 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
2017 10 FEB	£152,000	£117,485	29% above HPI
2012 13 AUG	£135,000	£111,708	21% above HPI

111 GRIMSHAW LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lancashire local authority area over time, sourced from the HPI. The two 111 GRIMSHAW LANE sales from August 2012 and February 2017 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 2012 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2017 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 111 GRIMSHAW LANE be worth now?

111 GRIMSHAW LANE might now be worth an estimated £234,919.

This is based on house price inflation of 54.6%, between February 2017 and April 2026, for terraced 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 54.6% inflationary increase is applied to the most recent sale price for 111 GRIMSHAW LANE of £152,000 on 10th February 2017. For the value to have increased from £152,000 to £234,919 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 111 GRIMSHAW LANE has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The February 2017 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 111 GRIMSHAW LANE has not materially changed since February 2017.

How Large is 111 GRIMSHAW LANE?

111 GRIMSHAW LANE is 64m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of terraced houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ormskirk, and where 111 GRIMSHAW LANE lies on this distribution: 2% of terraced houses houses are smaller than 111 GRIMSHAW LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

111 GRIMSHAW LANE: Plot and Title Map

111 GRIMSHAW LANE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 111 GRIMSHAW 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 111 GRIMSHAW 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 111 GRIMSHAW LANE?

111 GRIMSHAW LANE is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 111 on GRIMSHAW LANE.