15, OAK DRIVE, BURSCOUGH, ORMSKIRK, L40 5BQ - £485,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 OAK DRIVE is a very large detached house of 154m², built sometime between 2003 and 2006. It was last sold for £485,000 in September 2021, which was around 58% above the average September 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

15 OAK DRIVE Sold Prices

Land registry data shows three sales for 15 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 15 OAK DRIVE 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
2021 30 SEP	£485,000	£306,384	58% above HPI
2017 28 JUL	£300,000	£277,212	8% above HPI
2003 2 MAY	£219,950	£147,210	49% above HPI

15 OAK DRIVE 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 three 15 OAK DRIVE sales between May 2003 and September 2021 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 July 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 15 OAK DRIVE?

15 OAK DRIVE is 154m² according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses in Burscough, based on EPC data. The below chart shows the distribution of detached houses by size in Burscough, and where 15 OAK DRIVE lies on this distribution: 86% of detached houses are smaller than 15 OAK DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Burscough.

15 OAK DRIVE: Plot and Title Map

15 OAK DRIVE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 15 OAK DRIVE, 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 15 OAK DRIVE). 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 15 OAK DRIVE?

15 OAK DRIVE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 15 on OAK DRIVE.