THE BAILS, BROOK LANE, ORMSKIRK, L39 4RF - £275,000

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.

THE BAILS is a very small detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £370,369. It was last sold for £275,000 in September 2019, which was around 4% below the average September 2019 detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

THE BAILS Sold Prices

Land registry data shows one sale for THE BAILS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 13 SEP	£275,000	£285,029	4% below HPI

What might THE BAILS be worth now?

THE BAILS might now be worth an estimated £370,369.

This is based on house price inflation of 34.7%, between September 2019 and April 2026, 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 34.7% inflationary increase is applied to the most recent sale price for THE BAILS of £275,000 on 13th September 2019. For the value to have increased from £275,000 to £370,369 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of THE BAILS has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The September 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of THE BAILS has not materially changed since September 2019.

How Large is THE BAILS?

THE BAILS is 70m² according to the EPC inspection conducted in March 2019. 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 THE BAILS lies on this distribution: 3% of detached houses are smaller than THE BAILS, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Ormskirk.

THE BAILS: Plot

THE BAILS sits on a plot of roughly 0.066 of an acre, or 269m².

Where is THE BAILS?

THE BAILS is located on BROOK LANE in ORMSKIRK, in the L39 postcode district.