4, PARKFIELD CLOSE, ORMSKIRK, L39 4YH - £196,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 PARKFIELD CLOSE is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £196,000 in June 2006, which was around 14% below the average June 2006 detached price in the West Lancashire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

4 PARKFIELD CLOSE Sold Prices

Land registry data shows three sales for 4 PARKFIELD CLOSE 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. All of the three 4 PARKFIELD CLOSE 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
2006 16 JUN	£196,000	£228,881	14% below HPI
2005 14 OCT	£197,000	£223,640	12% below HPI
1999 22 MAR	£84,995	£99,142	14% below HPI

4 PARKFIELD CLOSE 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 4 PARKFIELD CLOSE sales between March 1999 and June 2006 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 October 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2006 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 PARKFIELD CLOSE?

4 PARKFIELD CLOSE is 61m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 4 PARKFIELD CLOSE lies on this distribution: 2% of detached houses are smaller than 4 PARKFIELD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

4 PARKFIELD CLOSE: Plot and Title Map

4 PARKFIELD CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 4 PARKFIELD CLOSE, 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 4 PARKFIELD CLOSE). 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 4 PARKFIELD CLOSE?

4 PARKFIELD CLOSE is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 4 on PARKFIELD CLOSE.