24A, MILL LANE, BURSCOUGH, ORMSKIRK, L40 5TJ - £220,000

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.

24A MILL LANE is a very small extended semi-detached house of 64m², built sometime between 1991 and 1995, which could now be worth an estimated £226,618. It was last sold for £220,000 in October 2023, which was around 2% above the average October 2023 semi-detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

24A MILL LANE Sold Prices

Land registry data shows three sales for 24A MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the West Lancashire local authority area for the corresponding sale date. Two of the three 24A MILL LANE sales were for above the average price, whilst one was 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 10 OCT	£220,000	£216,440	2% above HPI
2017 20 JUL	£150,000	£165,975	10% below HPI
2010 7 MAY	£152,000	£146,027	4% above HPI

24A MILL LANE 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 three 24A MILL LANE sales between May 2010 and October 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 July 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 24A MILL LANE be worth now?

24A MILL LANE might now be worth an estimated £226,618.

This is based on house price inflation of 3%, between October 2023 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 3% inflationary increase is applied to the most recent sale price for 24A MILL LANE of £220,000 on 10th October 2023. For the value to have increased from £220,000 to £226,618 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 24A MILL LANE has moved in line with the HPI for semi-detached houses in the West Lancashire local authority area.
• The October 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 24A MILL LANE has not materially changed since October 2023.

How Large is 24A MILL LANE?

24A MILL LANE is 64m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of semi-detached houses houses in Burscough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Burscough, and where 24A MILL LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 24A MILL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Burscough.

24A MILL LANE: Plot and Title Map

24A MILL LANE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 24A MILL 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 24A MILL 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 24A MILL LANE?

24A MILL LANE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 24A on MILL LANE.