161, GRIMSHAW LANE, ORMSKIRK, L39 1PB - £145,000

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.

161 GRIMSHAW LANE is a terraced house, which could now be worth an estimated £252,700. It was last sold for £145,000 in May 2005, which was around 47% above the average May 2005 terraced price in the West Lancashire local authority area.

161 GRIMSHAW LANE Sold Prices

Land registry data shows three sales for 161 GRIMSHAW LANE 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 161 GRIMSHAW 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
2005 13 MAY	£145,000	£98,714	47% above HPI
2000 14 JAN	£54,000	£42,902	26% above HPI
1997 7 NOV	£39,125	£38,508	2% above HPI

What might 161 GRIMSHAW LANE be worth now?

161 GRIMSHAW LANE might now be worth an estimated £252,700.

This is based on house price inflation of 74.3%, between May 2005 and May 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 74.3% inflationary increase is applied to the most recent sale price for 161 GRIMSHAW LANE of £145,000 on 13th May 2005. For the value to have increased from £145,000 to £252,700 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 161 GRIMSHAW LANE has moved in line with the HPI for terraced houses in the West Lancashire local authority area.
• The May 2005 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 161 GRIMSHAW LANE has not materially changed since May 2005.

Where is 161 GRIMSHAW LANE?

161 GRIMSHAW LANE is located in ORMSKIRK, in the L39 postcode district.