2, ROWAN CLOSE, BURSCOUGH, ORMSKIRK, L40 4LP - £247,000

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.

2 ROWAN CLOSE is a midsized detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £341,945. It was last sold for £247,000 in May 2017, which was around 6% below the average May 2017 detached price in the West Lancashire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 ROWAN CLOSE Sold Prices

Land registry data shows five sales for 2 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Most of the five 2 ROWAN 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
2017 15 MAY	£247,000	£263,383	6% below HPI
2003 10 DEC	£215,000	£172,426	25% above HPI
2003 28 MAY	£186,950	£145,829	28% above HPI
2002 2 JUL	£165,500	£132,728	25% above HPI
2000 29 SEP	£151,950	£111,873	36% above HPI

2 ROWAN 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 five 2 ROWAN CLOSE sales between September 2000 and May 2017 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 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 ROWAN CLOSE be worth now?

2 ROWAN CLOSE might now be worth an estimated £341,945.

This is based on house price inflation of 38.4%, between May 2017 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 38.4% inflationary increase is applied to the most recent sale price for 2 ROWAN CLOSE of £247,000 on 15th May 2017. For the value to have increased from £247,000 to £341,945 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 2 ROWAN CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The May 2017 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROWAN CLOSE has not materially changed since May 2017.

How Large is 2 ROWAN CLOSE?

2 ROWAN CLOSE is 131m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of detached houses houses in Burscough Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burscough Bridge, and where 2 ROWAN CLOSE lies on this distribution: 59% of detached houses houses are smaller than 2 ROWAN CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Burscough Bridge.

2 ROWAN CLOSE: Plot and Title Map

2 ROWAN CLOSE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 2 ROWAN 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 2 ROWAN 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 2 ROWAN CLOSE?

2 ROWAN CLOSE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 2 on ROWAN CLOSE.