131, GRIMSHAW LANE, ORMSKIRK, L39 1PB - £115,000

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.

131 GRIMSHAW LANE is a small extended terraced house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £165,996. It was last sold for £115,000 in March 2016, which was around 4% below the average March 2016 terraced price in the West Lancashire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

131 GRIMSHAW LANE Sold Prices

Land registry data shows one sale for 131 GRIMSHAW LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the West Lancashire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 4 MAR	£115,000	£119,184	4% below HPI

What might 131 GRIMSHAW LANE be worth now?

131 GRIMSHAW LANE might now be worth an estimated £165,996.

This is based on house price inflation of 44.3%, between March 2016 and May 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 44.3% inflationary increase is applied to the most recent sale price for 131 GRIMSHAW LANE of £115,000 on 4th March 2016. For the value to have increased from £115,000 to £165,996 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 131 GRIMSHAW LANE has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The March 2016 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 131 GRIMSHAW LANE has not materially changed since March 2016.

How Large is 131 GRIMSHAW LANE?

131 GRIMSHAW LANE is 68m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of terraced houses in Ormskirk, based on EPC data. The below chart shows the distribution of terraced houses by size in Ormskirk, and where 131 GRIMSHAW LANE lies on this distribution: 21% of terraced houses are smaller than 131 GRIMSHAW LANE, and 79% of terraced houses are larger. Note that EPC data is not available for all properties in Ormskirk.

131 GRIMSHAW LANE: Plot

131 GRIMSHAW LANE sits on a plot of roughly 0.073 of an acre, or 294m².

Where is 131 GRIMSHAW LANE?

131 GRIMSHAW LANE is located in ORMSKIRK, in the L39 postcode district.