2, VILLAGE WAY, SKELMERSDALE, WN8 8BG - £234,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 VILLAGE WAY is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £234,000 in June 2023, which was around 31% below the average June 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

2 VILLAGE WAY Sold Prices

Land registry data shows two sales for 2 VILLAGE WAY 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 2 VILLAGE 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
2023 5 JUN	£234,000	£340,935	31% below HPI
2001 28 FEB	£97,000	£103,175	6% below HPI

2 VILLAGE 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 two 2 VILLAGE WAY sales from February 2001 and June 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 February 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 VILLAGE WAY be worth now?

2 VILLAGE WAY might now be worth an estimated £253,139.

This is based on house price inflation of 8.2%, between June 2023 and December 2024, 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 8.2% inflationary increase is applied to the most recent sale price for 2 VILLAGE WAY of £234,000 on 5th June 2023. For the value to have increased from £234,000 to £253,139 over the six months to December 2024, the following assumptions must hold true:

• The value of 2 VILLAGE WAY has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The June 2023 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VILLAGE WAY has not materially changed since June 2023.

How Large is 2 VILLAGE WAY?

2 VILLAGE WAY is 124m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses houses in Skelmersdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skelmersdale, and where 2 VILLAGE WAY lies on this distribution: 72% of detached houses houses are smaller than 2 VILLAGE WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

2 VILLAGE WAY: Plot and Title Map

2 VILLAGE WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 VILLAGE 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 2 VILLAGE 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 2 VILLAGE WAY?

2 VILLAGE WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 2 on VILLAGE WAY.