24, DRAKE CLOSE, AUGHTON, ORMSKIRK, L39 5QL - £510,000

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.

24 DRAKE CLOSE is a large detached house of 185m², built sometime between 1991 and 1995, which could now be worth an estimated £606,015. It was last sold for £510,000 in October 2021, which was around 66% above the average October 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

24 DRAKE CLOSE Sold Prices

Land registry data shows three sales for 24 DRAKE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 24 DRAKE 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
2021 8 OCT	£510,000	£306,856	66% above HPI
2006 21 JUL	£332,000	£229,775	44% above HPI
2001 27 JUL	£193,000	£120,534	60% above HPI

24 DRAKE 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 three 24 DRAKE CLOSE sales between July 2001 and October 2021 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 July 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2021 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 24 DRAKE CLOSE be worth now?

24 DRAKE CLOSE might now be worth an estimated £606,015.

This is based on house price inflation of 18.8%, between October 2021 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 18.8% inflationary increase is applied to the most recent sale price for 24 DRAKE CLOSE of £510,000 on 8th October 2021. For the value to have increased from £510,000 to £606,015 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 DRAKE CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The October 2021 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 24 DRAKE CLOSE has not materially changed since October 2021.

How Large is 24 DRAKE CLOSE?

24 DRAKE CLOSE is 185m² according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ormskirk, and where 24 DRAKE CLOSE lies on this distribution: 78% of detached houses houses are smaller than 24 DRAKE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

24 DRAKE CLOSE: Plot and Title Map

24 DRAKE CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 24 DRAKE 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 24 DRAKE 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 24 DRAKE CLOSE?

24 DRAKE CLOSE is located in AUGHTON, in the L39 postcode district. The below map shows the position of No. 24 on DRAKE CLOSE.