24, NEW LANE, AUGHTON, ORMSKIRK, L39 4UD - £425,000

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 NEW LANE is a very large extended detached house of 266m², built sometime between 2003 and 2006, which could now be worth an estimated £632,729. It was last sold for £425,000 in March 2010, which was around 74% above the average March 2010 detached price in the West Lancashire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

24 NEW LANE Sold Prices

Land registry data shows two sales for 24 NEW 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 24 NEW 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
2010 24 MAR	£425,000	£244,917	74% above HPI
2001 24 SEP	£230,000	£121,827	89% above HPI

24 NEW 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 24 NEW LANE sales from September 2001 and March 2010 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 September 2001 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the March 2010 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 24 NEW LANE be worth now?

24 NEW LANE might now be worth an estimated £632,729.

This is based on house price inflation of 48.9%, between March 2010 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 48.9% inflationary increase is applied to the most recent sale price for 24 NEW LANE of £425,000 on 24th March 2010. For the value to have increased from £425,000 to £632,729 over the fifteen years and one month to February 2025, the following assumptions must hold true:

• The value of 24 NEW LANE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The March 2010 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 24 NEW LANE has not materially changed since March 2010.

How Large is 24 NEW LANE?

24 NEW LANE is 266m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% 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 NEW LANE lies on this distribution: 93% of detached houses houses are smaller than 24 NEW LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

24 NEW LANE: Plot and Title Map

24 NEW LANE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 24 NEW 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 24 NEW 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 24 NEW LANE?

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