15, WELLFIELD LANE, WESTHEAD, ORMSKIRK, L40 6HH - £625,000

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.

15 WELLFIELD LANE is a very large extended detached house of 246m², built sometime between 1950 and 1966, which could now be worth an estimated £925,435. It was last sold for £625,000 in August 2011, which was around 154% above the average August 2011 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

15 WELLFIELD LANE Sold Prices

Land registry data shows two sales for 15 WELLFIELD LANE 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. Both of the two 15 WELLFIELD 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
2011 11 AUG	£625,000	£246,253	154% above HPI
2009 25 FEB	£370,000	£236,786	56% above HPI

15 WELLFIELD LANE 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 15 WELLFIELD LANE sales from February 2009 and August 2011 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 February 2009 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the August 2011 sale, where it rises to 154% above the HPI. The line then continues to track at 154% above the HPI.

What might 15 WELLFIELD LANE be worth now?

15 WELLFIELD LANE might now be worth an estimated £925,435.

This is based on house price inflation of 48.1%, between August 2011 and February 2025, 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 48.1% inflationary increase is applied to the most recent sale price for 15 WELLFIELD LANE of £625,000 on 11th August 2011. For the value to have increased from £625,000 to £925,435 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 15 WELLFIELD LANE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The August 2011 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WELLFIELD LANE has not materially changed since August 2011.

How Large is 15 WELLFIELD LANE?

15 WELLFIELD LANE is 246m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of detached houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ormskirk, and where 15 WELLFIELD LANE lies on this distribution: 91% of detached houses houses are smaller than 15 WELLFIELD LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

15 WELLFIELD LANE: Plot and Title Map

15 WELLFIELD LANE sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 15 WELLFIELD LANE, 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 WELLFIELD LANE). 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 WELLFIELD LANE?

15 WELLFIELD LANE is located in WESTHEAD, in the L40 postcode district. The below map shows the position of No. 15 on WELLFIELD LANE.