17, MEADOW BANK, ORMSKIRK, L39 2HG - £224,950

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.

17 MEADOW BANK is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £246,461. It was last sold for £224,950 in February 2023, which was around 32% below the average February 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

17 MEADOW BANK Sold Prices

Land registry data shows two sales for 17 MEADOW BANK 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 17 MEADOW BANK 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
2023 10 FEB	£224,950	£332,801	32% below HPI
1997 26 SEP	£60,000	£94,659	37% below HPI

17 MEADOW BANK 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 17 MEADOW BANK sales from September 1997 and February 2023 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 September 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 17 MEADOW BANK be worth now?

17 MEADOW BANK might now be worth an estimated £246,461.

This is based on house price inflation of 9.6%, between February 2023 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 9.6% inflationary increase is applied to the most recent sale price for 17 MEADOW BANK of £224,950 on 10th February 2023. For the value to have increased from £224,950 to £246,461 over the two years to February 2025, the following assumptions must hold true:

• The value of 17 MEADOW BANK has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The February 2023 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of 17 MEADOW BANK has not materially changed since February 2023.

How Large is 17 MEADOW BANK?

17 MEADOW BANK is 70m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 17 MEADOW BANK lies on this distribution: 3% of detached houses houses are smaller than 17 MEADOW BANK, and 97% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

17 MEADOW BANK: Plot and Title Map

17 MEADOW BANK sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 17 MEADOW BANK, 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 17 MEADOW BANK). 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 17 MEADOW BANK?

17 MEADOW BANK is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 17 on MEADOW BANK.