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 SPINNEY CLOSE is a small extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £385,000 in July 2024, which was around 9% above the average July 2024 detached price in the West Lancashire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 SPINNEY CLOSE since 1st 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 5 SPINNEY CLOSE 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 |
---|---|---|---|
2024 29 JUL | £385,000 | £352,323 | 9% above HPI |
2014 27 JAN | £299,950 | £237,569 | 26% above HPI |
2011 2 SEP | £257,500 | £250,839 | 3% above HPI |
The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 5 SPINNEY CLOSE sales between September 2011 and July 2024 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 January 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2024 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.
5 SPINNEY CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 SPINNEY CLOSE lies on this distribution: 29% of detached houses are smaller than 5 SPINNEY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.
5 SPINNEY CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 5 SPINNEY 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 SPINNEY 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.
5 SPINNEY CLOSE is located in ORMSKIRK, in the L39 postcode district. The below map shows the position of No. 5 on SPINNEY CLOSE.