4, ELM PLACE, ORMSKIRK, L39 4TS - £310,000

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.

4 ELM PLACE is a very small terraced house of 88m², built sometime before 1900, which could now be worth an estimated £364,047. It was last sold for £310,000 in January 2023, which was around 100% above the average January 2023 terraced price in the West Lancashire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

4 ELM PLACE Sold Prices

Land registry data shows three sales for 4 ELM PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the West Lancashire local authority area for the corresponding sale date. All of the three 4 ELM PLACE 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
2023 4 JAN	£310,000	£154,618	100% above HPI
2015 7 AUG	£143,000	£113,443	26% above HPI
2005 22 JUL	£132,000	£104,294	27% above HPI

4 ELM PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Lancashire local authority area over time, sourced from the HPI. The three 4 ELM PLACE sales between July 2005 and January 2023 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 August 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2023 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 4 ELM PLACE be worth now?

4 ELM PLACE might now be worth an estimated £364,047.

This is based on house price inflation of 17.4%, between January 2023 and April 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 17.4% inflationary increase is applied to the most recent sale price for 4 ELM PLACE of £310,000 on 4th January 2023. For the value to have increased from £310,000 to £364,047 over the two years and nine months to April 2026, the following assumptions must hold true:

• The value of 4 ELM PLACE has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The January 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELM PLACE has not materially changed since January 2023.

How Large is 4 ELM PLACE?

4 ELM PLACE is 88m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of terraced houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ormskirk, and where 4 ELM PLACE lies on this distribution: 10% of terraced houses houses are smaller than 4 ELM PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

4 ELM PLACE: Plot and Title Map

4 ELM PLACE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 4 ELM PLACE, 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 4 ELM PLACE). 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 4 ELM PLACE?

4 ELM PLACE is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 4 on ELM PLACE.