8, TEAL CLOSE, AUGHTON, ORMSKIRK, L39 5QQ - £363,500

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.

8 TEAL CLOSE is a small detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £473,293. It was last sold for £363,500 in October 2020, which was around 27% above the average October 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

8 TEAL CLOSE Sold Prices

Land registry data shows three sales for 8 TEAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 8 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
2020 7 OCT	£363,500	£285,466	27% above HPI
2002 31 OCT	£190,000	£139,932	36% above HPI
1997 4 APR	£103,000	£89,181	15% above HPI

8 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 three 8 TEAL CLOSE sales between April 1997 and October 2020 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 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2020 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 8 TEAL CLOSE be worth now?

8 TEAL CLOSE might now be worth an estimated £473,293.

This is based on house price inflation of 30.2%, between October 2020 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 30.2% inflationary increase is applied to the most recent sale price for 8 TEAL CLOSE of £363,500 on 7th October 2020. For the value to have increased from £363,500 to £473,293 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 8 TEAL CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The October 2020 sale price of £363,500 represented a fair market value for the property.
• The size, condition, and specification of 8 TEAL CLOSE has not materially changed since October 2020.

How Large is 8 TEAL CLOSE?

8 TEAL CLOSE is 117m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% 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 8 TEAL CLOSE lies on this distribution: 34% of detached houses houses are smaller than 8 TEAL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

8 TEAL CLOSE: Plot and Title Map

8 TEAL CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 8 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 8 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 8 TEAL CLOSE?

8 TEAL CLOSE is located in AUGHTON, in the L39 postcode district. The below map shows the position of No. 8 on TEAL CLOSE.