5, MILMAN CLOSE, ORMSKIRK, L39 4SJ - £225,000

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

5 MILMAN CLOSE is a small extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £225,000 in June 2015, which was around 13% below the average June 2015 detached price in the West Lancashire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

5 MILMAN CLOSE Sold Prices

Land registry data shows two sales for 5 MILMAN CLOSE 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. One of the two 5 MILMAN CLOSE sales was for below the average price, whilst the other was 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
2015 24 JUN	£225,000	£257,806	13% below HPI
1999 28 MAY	£109,950	£96,893	13% above HPI

5 MILMAN 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 two 5 MILMAN CLOSE sales from May 1999 and June 2015 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 May 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 MILMAN CLOSE?

5 MILMAN CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 5 MILMAN CLOSE lies on this distribution: 27% of detached houses are smaller than 5 MILMAN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

5 MILMAN CLOSE: Plot and Title Map

5 MILMAN CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 5 MILMAN 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 5 MILMAN 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 5 MILMAN CLOSE?

5 MILMAN CLOSE is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 5 on MILMAN CLOSE.