31, OLDBURY WAY, SKELMERSDALE, WN8 6HR - £320,000

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

31 OLDBURY WAY is a large detached house of 116m², built in 2019. It was last sold for £320,000 in September 2024, which was around 14% below the average September 2024 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

31 OLDBURY WAY Sold Prices

Land registry data shows two sales for 31 OLDBURY WAY 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 31 OLDBURY WAY sales were 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
2024 17 SEP	£320,000	£373,949	14% below HPI
2022 13 JUN	£294,995	£319,255	8% below HPI

31 OLDBURY WAY 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 31 OLDBURY WAY sales from June 2022 and September 2024 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 June 2022 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 31 OLDBURY WAY be worth now?

31 OLDBURY WAY might now be worth an estimated £315,612.

This is based on house price deflation of 1.4%, between September 2024 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 1.4% deflationary decrease is applied to the most recent sale price for 31 OLDBURY WAY of £320,000 on 17th September 2024. For the value to have decreased from £320,000 to £315,612 over the nine months to December 2024, the following assumptions must hold true:

• The value of 31 OLDBURY WAY has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The September 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OLDBURY WAY has not materially changed since September 2024.

How Large is 31 OLDBURY WAY?

31 OLDBURY WAY is 116m² according to the EPC inspection conducted in April 2022. This puts it in the largest 40% 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 31 OLDBURY WAY lies on this distribution: 63% of detached houses houses are smaller than 31 OLDBURY WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Skelmersdale.

31 OLDBURY WAY: Plot and Title Map

31 OLDBURY WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 31 OLDBURY WAY, 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 31 OLDBURY WAY). 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 31 OLDBURY WAY?

31 OLDBURY WAY is located in SKELMERSDALE, in the WN8 postcode district. The below map shows the position of No. 31 on OLDBURY WAY.