54, MILL LANE, BURSCOUGH, ORMSKIRK, L40 5TJ - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 MILL LANE is a large extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £291,796. It was last sold for £245,000 in January 2022, which was around 20% below the average January 2022 detached price in the West Lancashire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

54 MILL LANE Sold Prices

Land registry data shows three sales for 54 MILL LANE since 1^st 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 54 MILL 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 21 JAN	£245,000	£306,150	20% below HPI
2004 30 JUL	£179,950	£207,535	13% below HPI
1999 26 NOV	£68,000	£101,631	33% below HPI

54 MILL 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 three 54 MILL LANE sales between November 1999 and January 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 July 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 54 MILL LANE be worth now?

54 MILL LANE might now be worth an estimated £291,796.

This is based on house price inflation of 19.1%, between January 2022 and February 2025, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for 54 MILL LANE of £245,000 on 21st January 2022. For the value to have increased from £245,000 to £291,796 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 54 MILL LANE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The January 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 54 MILL LANE has not materially changed since January 2022.

How Large is 54 MILL LANE?

54 MILL LANE is 133m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses houses in Burscough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burscough, and where 54 MILL LANE lies on this distribution: 71% of detached houses houses are smaller than 54 MILL LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Burscough.

54 MILL LANE: Plot and Title Map

54 MILL LANE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 54 MILL 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 54 MILL 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 54 MILL LANE?

54 MILL LANE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 54 on MILL LANE.