58, CHAPEL LANE, BURSCOUGH, ORMSKIRK, L40 7RA - £342,000

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

58 CHAPEL LANE is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £342,000 in October 2022, which was around 1% below the average October 2022 detached price in the West Lancashire local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

58 CHAPEL LANE Sold Prices

Land registry data shows two sales for 58 CHAPEL 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 58 CHAPEL 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 28 OCT	£342,000	£344,923	1% below HPI
2000 28 JUN	£99,000	£107,872	8% below HPI

58 CHAPEL 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 58 CHAPEL LANE sales from June 2000 and October 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 June 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 58 CHAPEL LANE?

58 CHAPEL LANE is 129m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Burscough, based on EPC data. The below chart shows the distribution of detached houses by size in Burscough, and where 58 CHAPEL LANE lies on this distribution: 65% of detached houses are smaller than 58 CHAPEL LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Burscough.

58 CHAPEL LANE: Plot and Title Map

58 CHAPEL LANE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 58 CHAPEL 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 58 CHAPEL 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 58 CHAPEL LANE?

58 CHAPEL LANE is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 58 on CHAPEL LANE.