23, PARKFIELD CLOSE, ORMSKIRK, L39 4YH - £205,000

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.

23 PARKFIELD CLOSE is a very small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £258,039. It was last sold for £205,000 in July 2020, which was around 16% above the average July 2020 semi-detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

23 PARKFIELD CLOSE Sold Prices

Land registry data shows four sales for 23 PARKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the West Lancashire local authority area for the corresponding sale date. All of the four 23 PARKFIELD 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
2020 8 JUL	£205,000	£177,124	16% above HPI
2014 22 JAN	£165,000	£142,158	16% above HPI
2000 27 OCT	£85,000	£64,458	32% above HPI
1999 29 JAN	£75,995	£57,764	32% above HPI

23 PARKFIELD CLOSE 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 four 23 PARKFIELD CLOSE sales between January 1999 and July 2020 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 January 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2020 sale, which was also at 16% above the HPI.

What might 23 PARKFIELD CLOSE be worth now?

23 PARKFIELD CLOSE might now be worth an estimated £258,039.

This is based on house price inflation of 25.9%, between July 2020 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 25.9% inflationary increase is applied to the most recent sale price for 23 PARKFIELD CLOSE of £205,000 on 8th July 2020. For the value to have increased from £205,000 to £258,039 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 23 PARKFIELD CLOSE has moved in line with the HPI for semi-detached houses in the West Lancashire local authority area.
• The July 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PARKFIELD CLOSE has not materially changed since July 2020.

How Large is 23 PARKFIELD CLOSE?

23 PARKFIELD CLOSE is 74m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of semi-detached houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ormskirk, and where 23 PARKFIELD CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 23 PARKFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

23 PARKFIELD CLOSE: Plot and Title Map

23 PARKFIELD CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 23 PARKFIELD 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 23 PARKFIELD 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 23 PARKFIELD CLOSE?

23 PARKFIELD CLOSE is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 23 on PARKFIELD CLOSE.