6, FLAX LANE, LATHOM, ORMSKIRK, L40 5TD - £535,000

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.

6 FLAX LANE is a very large detached house of 208m², built sometime between 2003 and 2006, which could now be worth an estimated £785,610. It was last sold for £535,000 in September 2015, which was around 115% above the average September 2015 detached price in the West Lancashire local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

6 FLAX LANE Sold Prices

Land registry data shows two sales for 6 FLAX LANE 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 6 FLAX LANE 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 18 SEP	£535,000	£248,310	115% above HPI
2011 22 JUL	£485,000	£245,502	98% above HPI

6 FLAX LANE 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 6 FLAX LANE sales from July 2011 and September 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 July 2011 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the September 2015 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 6 FLAX LANE be worth now?

6 FLAX LANE might now be worth an estimated £785,610.

This is based on house price inflation of 46.8%, between September 2015 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 46.8% inflationary increase is applied to the most recent sale price for 6 FLAX LANE of £535,000 on 18th September 2015. For the value to have increased from £535,000 to £785,610 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 6 FLAX LANE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The September 2015 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FLAX LANE has not materially changed since September 2015.

How Large is 6 FLAX LANE?

6 FLAX LANE is 208m² according to the EPC inspection conducted in December 2009. This puts it in the largest 10% 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 6 FLAX LANE lies on this distribution: 96% of detached houses houses are smaller than 6 FLAX LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Burscough.

6 FLAX LANE: Plot and Title Map

6 FLAX LANE sits on a plot of roughly 0.267 of an acre, or 1,081m². The below map shows the location of 6 FLAX LANE, 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 6 FLAX LANE). 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 6 FLAX LANE?

6 FLAX LANE is located in LATHOM, in the L40 postcode district. The below map shows the position of No. 6 on FLAX LANE.