1A, JUNCTION LANE, BURSCOUGH, ORMSKIRK, L40 5SN - £455,000

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

1A JUNCTION LANE is a midsized extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £455,000 in March 2023, which was around 35% above the average March 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

1A JUNCTION LANE Sold Prices

Land registry data shows two sales for 1A JUNCTION 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 1A JUNCTION 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
2023 24 MAR	£455,000	£337,030	35% above HPI
2018 7 DEC	£300,000	£287,449	4% above HPI

1A JUNCTION 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 1A JUNCTION LANE sales from December 2018 and March 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 December 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 1A JUNCTION LANE?

1A JUNCTION LANE is 116m², which includes four extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Burscough, based on EPC data. The below chart shows the distribution of detached houses by size in Burscough, and where 1A JUNCTION LANE lies on this distribution: 41% of detached houses are smaller than 1A JUNCTION LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Burscough.

1A JUNCTION LANE: Plot and Title Map

1A JUNCTION LANE sits on a plot of roughly 0.251 of an acre, or 1,017m². The below map shows the location of 1A JUNCTION 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 1A JUNCTION 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 1A JUNCTION LANE?

1A JUNCTION LANE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 1A on JUNCTION LANE.