3, SHERWOOD DRIVE, SKELMERSDALE, WN8 6SF - £392,000

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

3 SHERWOOD DRIVE is a very large detached house of 217m², built sometime between 1996 and 2002. It was last sold for £392,000 in February 2021, which was around 29% above the average February 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

3 SHERWOOD DRIVE Sold Prices

Land registry data shows three sales for 3 SHERWOOD DRIVE 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. The three 3 SHERWOOD DRIVE sales were a mix of above the average price, and roughly equal to 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 25 FEB	£392,000	£302,837	29% above HPI
2002 28 NOV	£195,000	£145,514	34% above HPI
1996 6 SEP	£87,500	£87,651	Close to HPI

3 SHERWOOD DRIVE 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 3 SHERWOOD DRIVE sales between September 1996 and February 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 November 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 3 SHERWOOD DRIVE be worth now?

3 SHERWOOD DRIVE might now be worth an estimated £477,411.

This is based on house price inflation of 21.8%, between February 2021 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 21.8% inflationary increase is applied to the most recent sale price for 3 SHERWOOD DRIVE of £392,000 on 25th February 2021. For the value to have increased from £392,000 to £477,411 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 3 SHERWOOD DRIVE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The February 2021 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHERWOOD DRIVE has not materially changed since February 2021.

How Large is 3 SHERWOOD DRIVE?

3 SHERWOOD DRIVE is 217m² according to the EPC inspection conducted in August 2018. This puts it in the largest 10% 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 3 SHERWOOD DRIVE lies on this distribution: 97% of detached houses houses are smaller than 3 SHERWOOD DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

3 SHERWOOD DRIVE: Plot and Title Map

3 SHERWOOD DRIVE sits on a plot of roughly 0.246 of an acre, or 997m². The below map shows the location of 3 SHERWOOD DRIVE, 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 3 SHERWOOD DRIVE). 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 3 SHERWOOD DRIVE?

3 SHERWOOD DRIVE is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 3 on SHERWOOD DRIVE.