41, COTTAGE LANE, ORMSKIRK, L39 3NE - £250,000

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

41 COTTAGE LANE is a very small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £250,000 in March 2021, which was around 18% below the average March 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

41 COTTAGE LANE Sold Prices

Land registry data shows two sales for 41 COTTAGE 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 West Lancashire local authority area for the corresponding sale date. Both of the two 41 COTTAGE LANE 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
2021 23 MAR	£250,000	£305,738	18% below HPI
1998 28 AUG	£77,500	£94,099	18% below HPI

41 COTTAGE LANE 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 41 COTTAGE LANE sales from August 1998 and March 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 August 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, which was also at 18% below the HPI.

How Large is 41 COTTAGE LANE?

41 COTTAGE LANE is 98m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 41 COTTAGE LANE lies on this distribution: 17% of detached houses are smaller than 41 COTTAGE LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

41 COTTAGE LANE: Plot and Title Map

41 COTTAGE LANE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 41 COTTAGE 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 41 COTTAGE 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 41 COTTAGE LANE?

41 COTTAGE LANE is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 41 on COTTAGE LANE.