3, WELDON DRIVE, ORMSKIRK, L39 4RA - £372,500

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 WELDON DRIVE is a midsized detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £518,021. It was last sold for £372,500 in September 2016, which was around 39% above the average September 2016 detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

3 WELDON DRIVE Sold Prices

Land registry data shows two sales for 3 WELDON DRIVE 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 WELDON DRIVE 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
2016 19 SEP	£372,500	£267,275	39% above HPI
1997 1 OCT	£125,000	£94,802	32% above HPI

3 WELDON DRIVE 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 WELDON DRIVE sales from October 1997 and September 2016 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 October 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2016 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 3 WELDON DRIVE be worth now?

3 WELDON DRIVE might now be worth an estimated £518,021.

This is based on house price inflation of 39.1%, between September 2016 and March 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 39.1% inflationary increase is applied to the most recent sale price for 3 WELDON DRIVE of £372,500 on 19th September 2016. For the value to have increased from £372,500 to £518,021 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of 3 WELDON DRIVE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The September 2016 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WELDON DRIVE has not materially changed since September 2016.

How Large is 3 WELDON DRIVE?

3 WELDON DRIVE is 137m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 WELDON DRIVE lies on this distribution: 54% of detached houses houses are smaller than 3 WELDON DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

3 WELDON DRIVE: Plot and Title Map

3 WELDON DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 3 WELDON DRIVE, 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 WELDON DRIVE). 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 WELDON DRIVE?

3 WELDON DRIVE is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 3 on WELDON DRIVE.