7, MEADOW BANK, ORMSKIRK, L39 2HG - £178,000

7 MEADOW BANK is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £178,000 in November 2015, which was around 30% below the average November 2015 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

7 MEADOW BANK Sold Prices

Land registry data shows five sales for 7 MEADOW BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the five 7 MEADOW BANK sales were for below 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 25 NOV	£178,000	£254,446	30% below HPI
2014 26 SEP	£184,000	£254,730	28% below HPI
2002 16 JUL	£95,000	£133,985	29% below HPI
1999 12 JUL	£68,000	£101,044	33% below HPI
1996 30 AUG	£66,950	£89,515	25% below HPI

7 MEADOW BANK 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 five 7 MEADOW BANK sales between August 1996 and November 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 September 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 MEADOW BANK?

7 MEADOW BANK is 74m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 7 MEADOW BANK lies on this distribution: 4% of detached houses are smaller than 7 MEADOW BANK, and 96% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

7 MEADOW BANK: Plot and Title Map

7 MEADOW BANK sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 7 MEADOW BANK, 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 7 MEADOW BANK). 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 7 MEADOW BANK?

7 MEADOW BANK is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 7 on MEADOW BANK.