42, SQUARE LANE, BURSCOUGH, ORMSKIRK, L40 7RQ - £470,000

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

42 SQUARE LANE is a very large detached house of 153m², built sometime between 1900 and 1929. It was last sold for £470,000 in August 2021, which was around 55% above the average August 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

42 SQUARE LANE Sold Prices

Land registry data shows four sales for 42 SQUARE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the four 42 SQUARE 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 27 AUG	£470,000	£303,944	55% above HPI
2017 21 JUL	£400,000	£277,212	44% above HPI
2009 10 FEB	£250,000	£239,028	5% above HPI
2008 11 APR	£350,000	£248,972	41% above HPI

42 SQUARE 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 four 42 SQUARE LANE sales between April 2008 and August 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 July 2017 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 42 SQUARE LANE?

42 SQUARE LANE is 153m² according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses in Burscough, based on EPC data. The below chart shows the distribution of detached houses by size in Burscough, and where 42 SQUARE LANE lies on this distribution: 85% of detached houses are smaller than 42 SQUARE LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Burscough.

42 SQUARE LANE: Plot and Title Map

42 SQUARE LANE sits on a plot of roughly 0.196 of an acre, or 792m². The below map shows the location of 42 SQUARE 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 42 SQUARE 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 42 SQUARE LANE?

42 SQUARE LANE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 42 on SQUARE LANE.