18, WHEAT LANE, LATHOM, ORMSKIRK, L40 4BX - £364,000

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.

18 WHEAT LANE is a very small extended semi-detached house of 100m², built sometime between 1900 and 1929, which could now be worth an estimated £397,493. It was last sold for £364,000 in December 2022, which was around 78% above the average December 2022 semi-detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

18 WHEAT LANE Sold Prices

Land registry data shows three sales for 18 WHEAT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 18 WHEAT 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
2022 6 DEC	£364,000	£204,165	78% above HPI
2014 9 SEP	£265,000	£152,290	74% above HPI
2011 11 NOV	£190,000	£147,033	29% above HPI

18 WHEAT LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 18 WHEAT LANE sales between November 2011 and December 2022 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 2014 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the December 2022 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 18 WHEAT LANE be worth now?

18 WHEAT LANE might now be worth an estimated £397,493.

This is based on house price inflation of 9.2%, between December 2022 and February 2025, for semi-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 9.2% inflationary increase is applied to the most recent sale price for 18 WHEAT LANE of £364,000 on 6th December 2022. For the value to have increased from £364,000 to £397,493 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 18 WHEAT LANE has moved in line with the HPI for semi-detached houses in the West Lancashire local authority area.
• The December 2022 sale price of £364,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WHEAT LANE has not materially changed since December 2022.

How Large is 18 WHEAT LANE?

18 WHEAT LANE is 100m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of semi-detached houses houses in Burscough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burscough, and where 18 WHEAT LANE lies on this distribution: 19% of semi-detached houses houses are smaller than 18 WHEAT LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Burscough.

18 WHEAT LANE: Plot and Title Map

18 WHEAT LANE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 18 WHEAT 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 18 WHEAT 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 18 WHEAT LANE?

18 WHEAT LANE is located in LATHOM, in the L40 postcode district. The below map shows the position of No. 18 on WHEAT LANE.