38, GORSEY LANE, MAWDESLEY, ORMSKIRK, L40 3TF - £480,000

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.

38 GORSEY LANE is a very large extended detached house of 171m², built sometime between 1967 and 1975, which could now be worth an estimated £553,500. It was last sold for £480,000 in April 2021, which was around 70% above the average April 2021 detached price in the Chorley local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

38 GORSEY LANE Sold Prices

Land registry data shows two sales for 38 GORSEY 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 Chorley local authority area for the corresponding sale date. Both of the two 38 GORSEY 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
2021 8 APR	£480,000	£281,533	70% above HPI
2014 11 JUN	£300,000	£208,373	44% above HPI

38 GORSEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chorley local authority area over time, sourced from the HPI. The two 38 GORSEY LANE sales from June 2014 and April 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 June 2014 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2021 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 38 GORSEY LANE be worth now?

38 GORSEY LANE might now be worth an estimated £553,500.

This is based on house price inflation of 15.3%, between April 2021 and February 2025, for detached houses, in the Chorley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 38 GORSEY LANE of £480,000 on 8th April 2021. For the value to have increased from £480,000 to £553,500 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 38 GORSEY LANE has moved in line with the HPI for detached houses in the Chorley local authority area.
• The April 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GORSEY LANE has not materially changed since April 2021.

How Large is 38 GORSEY LANE?

38 GORSEY LANE is 171m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses houses in Mawdesley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mawdesley, and where 38 GORSEY LANE lies on this distribution: 84% of detached houses houses are smaller than 38 GORSEY LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Mawdesley.

38 GORSEY LANE: Plot and Title Map

38 GORSEY LANE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 38 GORSEY 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 38 GORSEY 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 38 GORSEY LANE?

38 GORSEY LANE is located in MAWDESLEY, in the L40 postcode district. The below map shows the position of No. 38 on GORSEY LANE.