8, THE SERPENTINE, AUGHTON, ORMSKIRK, L39 6RW - £255,000

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.

8 THE SERPENTINE is a small semi-detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £335,004. It was last sold for £255,000 in February 2019, which was around 50% above the average February 2019 semi-detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

8 THE SERPENTINE Sold Prices

Land registry data shows two sales for 8 THE SERPENTINE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 8 THE SERPENTINE 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
2019 21 FEB	£255,000	£169,707	50% above HPI
2016 18 NOV	£244,999	£157,482	56% above HPI

8 THE SERPENTINE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 8 THE SERPENTINE sales from November 2016 and February 2019 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 November 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2019 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 8 THE SERPENTINE be worth now?

8 THE SERPENTINE might now be worth an estimated £335,004.

This is based on house price inflation of 31.4%, between February 2019 and February 2025, for semi-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 31.4% inflationary increase is applied to the most recent sale price for 8 THE SERPENTINE of £255,000 on 21st February 2019. For the value to have increased from £255,000 to £335,004 over the six years to February 2025, the following assumptions must hold true:

• The value of 8 THE SERPENTINE has moved in line with the HPI for semi-detached houses in the West Lancashire local authority area.
• The February 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE SERPENTINE has not materially changed since February 2019.

How Large is 8 THE SERPENTINE?

8 THE SERPENTINE is 109m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of semi-detached houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ormskirk, and where 8 THE SERPENTINE lies on this distribution: 28% of semi-detached houses houses are smaller than 8 THE SERPENTINE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

8 THE SERPENTINE: Plot and Title Map

8 THE SERPENTINE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 8 THE SERPENTINE, 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 THE SERPENTINE). 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 THE SERPENTINE?

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