18, NEEDHAM WAY, SKELMERSDALE, WN8 6PR - £207,000

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

18 NEEDHAM WAY is a very large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £207,000 in April 2014, which was around 14% below the average April 2014 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

18 NEEDHAM WAY Sold Prices

Land registry data shows four sales for 18 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 18 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
2014 16 APR	£207,000	£239,789	14% below HPI
2009 2 OCT	£210,000	£241,868	13% below HPI
2004 27 AUG	£160,000	£217,295	26% below HPI
1998 12 AUG	£67,000	£94,099	29% below HPI

18 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 18 NEEDHAM WAY sales between August 1998 and April 2014 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 October 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 NEEDHAM WAY?

18 NEEDHAM WAY is 144m² according to the EPC inspection conducted in May 2009. This puts it in the largest 20% of detached houses in Skelmersdale, based on EPC data. The below chart shows the distribution of detached houses by size in Skelmersdale, and where 18 NEEDHAM WAY lies on this distribution: 86% of detached houses are smaller than 18 NEEDHAM WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

18 NEEDHAM WAY: Plot and Title Map

18 NEEDHAM WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 18 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 18 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 18 NEEDHAM WAY?

18 NEEDHAM WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 18 on NEEDHAM WAY.