1, FLOUR MILL CLOSE, BURSCOUGH, ORMSKIRK, L40 5TL - £339,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FLOUR MILL CLOSE is a small detached house of 105m², which could now be worth an estimated £387,428. It was last sold for £339,950 in July 2022, which was around 5% above the average July 2022 detached price in the West Lancashire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

1 FLOUR MILL CLOSE Sold Prices

Land registry data shows two sales for 1 FLOUR MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. One of the two 1 FLOUR MILL CLOSE sales was for above the average price, whilst the other was 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
2022 27 JUL	£339,950	£323,623	5% above HPI
2014 16 JUN	£228,995	£237,214	3% below HPI

1 FLOUR MILL 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 two 1 FLOUR MILL CLOSE sales from June 2014 and July 2022 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 June 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 FLOUR MILL CLOSE be worth now?

1 FLOUR MILL CLOSE might now be worth an estimated £387,428.

This is based on house price inflation of 14%, between July 2022 and December 2024, 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 14% inflationary increase is applied to the most recent sale price for 1 FLOUR MILL CLOSE of £339,950 on 27th July 2022. For the value to have increased from £339,950 to £387,428 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 1 FLOUR MILL CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The July 2022 sale price of £339,950 represented a fair market value for the property.
• The size, condition, and specification of 1 FLOUR MILL CLOSE has not materially changed since July 2022.

How Large is 1 FLOUR MILL CLOSE?

1 FLOUR MILL CLOSE is 105m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses houses in Burscough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burscough, and where 1 FLOUR MILL CLOSE lies on this distribution: 22% of detached houses houses are smaller than 1 FLOUR MILL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Burscough.

1 FLOUR MILL CLOSE: Plot and Title Map

1 FLOUR MILL CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1 FLOUR MILL 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 1 FLOUR MILL 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 1 FLOUR MILL CLOSE?

1 FLOUR MILL CLOSE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 1 on FLOUR MILL CLOSE.