15, NEEDHAM WAY, SKELMERSDALE, WN8 6PR - £163,000

15 NEEDHAM WAY is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £163,000 in July 2014, which was around 33% below the average July 2014 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

15 NEEDHAM WAY Sold Prices

Land registry data shows two sales for 15 NEEDHAM WAY 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 15 NEEDHAM WAY 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
2014 18 JUL	£163,000	£242,209	33% below HPI
1998 7 DEC	£67,000	£98,830	32% below HPI

15 NEEDHAM WAY 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 15 NEEDHAM WAY sales from December 1998 and July 2014 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 December 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 15 NEEDHAM WAY?

15 NEEDHAM WAY is 91m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Skelmersdale, based on EPC data. The below chart shows the distribution of detached houses by size in Skelmersdale, and where 15 NEEDHAM WAY lies on this distribution: 33% of detached houses are smaller than 15 NEEDHAM WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

15 NEEDHAM WAY: Plot and Title Map

15 NEEDHAM WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 15 NEEDHAM WAY, 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 15 NEEDHAM WAY). 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 15 NEEDHAM WAY?

15 NEEDHAM WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 15 on NEEDHAM WAY.