16, DRAKE CLOSE, AUGHTON, ORMSKIRK, L39 5QL - £625,000

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

16 DRAKE CLOSE is a large extended detached house of 162m², built sometime between 1991 and 1995. It was last sold for £625,000 in February 2024, which was around 79% above the average February 2024 detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

16 DRAKE CLOSE Sold Prices

Land registry data shows two sales for 16 DRAKE 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. Both of the two 16 DRAKE CLOSE 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
2024 12 FEB	£625,000	£349,481	79% above HPI
2016 26 AUG	£380,000	£273,342	39% above HPI

16 DRAKE 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 16 DRAKE CLOSE sales from August 2016 and February 2024 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 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2024 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is 16 DRAKE CLOSE?

16 DRAKE CLOSE is 162m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 16 DRAKE CLOSE lies on this distribution: 68% of detached houses are smaller than 16 DRAKE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

16 DRAKE CLOSE: Plot and Title Map

16 DRAKE CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 16 DRAKE 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 16 DRAKE 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 16 DRAKE CLOSE?

16 DRAKE CLOSE is located in AUGHTON, in the L39 postcode district. The below map shows the position of No. 16 on DRAKE CLOSE.