10, NEEDHAM WAY, SKELMERSDALE, WN8 6PR - £180,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 NEEDHAM WAY is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £180,000 in September 2018, which was around 38% below the average September 2018 detached price in the West Lancashire local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

10 NEEDHAM WAY Sold Prices

Land registry data shows four sales for 10 NEEDHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the four 10 NEEDHAM WAY sales were 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
2018 27 SEP	£180,000	£292,056	38% below HPI
2012 28 AUG	£155,000	£245,823	37% below HPI
2004 25 NOV	£164,500	£217,165	24% below HPI
1998 17 JUN	£69,300	£92,038	25% below HPI

10 NEEDHAM WAY 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 four 10 NEEDHAM WAY sales between June 1998 and September 2018 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 August 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 10 NEEDHAM WAY?

10 NEEDHAM WAY is 93m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses in Skelmersdale, based on EPC data. The below chart shows the distribution of detached houses by size in Skelmersdale, and where 10 NEEDHAM WAY lies on this distribution: 34% of detached houses are smaller than 10 NEEDHAM WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

10 NEEDHAM WAY: Plot and Title Map

10 NEEDHAM WAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 10 NEEDHAM WAY, 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 10 NEEDHAM WAY). 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 10 NEEDHAM WAY?

10 NEEDHAM WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 10 on NEEDHAM WAY.