43, SQUARE LANE, BURSCOUGH, ORMSKIRK, L40 7RG - £235,000

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

43 SQUARE LANE is a very small detached house of 99m², built sometime between 1900 and 1929. It was last sold for £235,000 in May 2022, which was around 27% below the average May 2022 detached price in the West Lancashire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

43 SQUARE LANE Sold Prices

Land registry data shows two sales for 43 SQUARE 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 43 SQUARE 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
2022 16 MAY	£235,000	£319,894	27% below HPI
2008 25 APR	£240,000	£248,972	4% below HPI

43 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 two 43 SQUARE LANE sales from April 2008 and May 2022 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 April 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 43 SQUARE LANE?

43 SQUARE LANE is 99m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 43 SQUARE LANE lies on this distribution: 16% of detached houses are smaller than 43 SQUARE LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Burscough.

43 SQUARE LANE: Plot and Title Map

43 SQUARE LANE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 43 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 43 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 43 SQUARE LANE?

43 SQUARE LANE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 43 on SQUARE LANE.