3, TEAL CLOSE, AUGHTON, ORMSKIRK, L39 5QQ - £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.

3 TEAL CLOSE is a very large extended detached house of 197m², built sometime between 1983 and 1990, which could now be worth an estimated £545,314. It was last sold for £370,000 in August 2015, which was around 50% above the average August 2015 detached price in the West Lancashire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

3 TEAL CLOSE Sold Prices

Land registry data shows two sales for 3 TEAL CLOSE 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 3 TEAL CLOSE 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
2015 7 AUG	£370,000	£247,203	50% above HPI
2007 8 JUN	£400,000	£252,636	58% above HPI

3 TEAL CLOSE 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 3 TEAL CLOSE sales from June 2007 and August 2015 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 June 2007 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2015 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 3 TEAL CLOSE be worth now?

3 TEAL CLOSE might now be worth an estimated £545,314.

This is based on house price inflation of 47.4%, between August 2015 and May 2026, 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 47.4% inflationary increase is applied to the most recent sale price for 3 TEAL CLOSE of £370,000 on 7th August 2015. For the value to have increased from £370,000 to £545,314 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 3 TEAL CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The August 2015 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TEAL CLOSE has not materially changed since August 2015.

How Large is 3 TEAL CLOSE?

3 TEAL CLOSE is 197m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% 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 3 TEAL CLOSE lies on this distribution: 81% of detached houses houses are smaller than 3 TEAL CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

3 TEAL CLOSE: Plot and Title Map

3 TEAL CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 3 TEAL CLOSE, 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 3 TEAL CLOSE). 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 3 TEAL CLOSE?

3 TEAL CLOSE is located in AUGHTON, in the L39 postcode district. The below map shows the position of No. 3 on TEAL CLOSE.