18, CHANCEL WAY, BURSCOUGH, ORMSKIRK, L40 7AS - £370,000

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.

18 CHANCEL WAY is a midsized detached house of 119m², which could now be worth an estimated £466,892. It was last sold for £370,000 in November 2020, which was around 28% above the average November 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was A.

18 CHANCEL WAY Sold Prices

Land registry data shows two sales for 18 CHANCEL 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 18 CHANCEL WAY 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
2020 9 NOV	£370,000	£288,957	28% above HPI
2018 20 DEC	£322,995	£284,753	13% above HPI

18 CHANCEL 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 18 CHANCEL WAY sales from December 2018 and November 2020 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 2018 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2020 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 18 CHANCEL WAY be worth now?

18 CHANCEL WAY might now be worth an estimated £466,892.

This is based on house price inflation of 26.2%, between November 2020 and February 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 26.2% inflationary increase is applied to the most recent sale price for 18 CHANCEL WAY of £370,000 on 9th November 2020. For the value to have increased from £370,000 to £466,892 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 CHANCEL WAY has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The November 2020 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHANCEL WAY has not materially changed since November 2020.

How Large is 18 CHANCEL WAY?

18 CHANCEL WAY is 119m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 50% of detached houses houses in Burscough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burscough, and where 18 CHANCEL WAY lies on this distribution: 44% of detached houses houses are smaller than 18 CHANCEL WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Burscough.

18 CHANCEL WAY: Plot and Title Map

18 CHANCEL WAY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 18 CHANCEL 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 18 CHANCEL 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 18 CHANCEL WAY?

18 CHANCEL WAY is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 18 on CHANCEL WAY.