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
6 ORCHID WAY is a small detached house of 106m². It was last sold for £306,500 in March 2021, which was about the average March 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 6 ORCHID WAY 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. The three 6 ORCHID WAY sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2021 26 MAR | £306,500 | £305,738 | Close to HPI |
2019 21 JUN | £265,000 | £279,459 | 5% below HPI |
2016 23 SEP | £239,995 | £269,807 | 11% below 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 6 ORCHID WAY sales between September 2016 and March 2021 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 2019 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
6 ORCHID WAY is 106m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Burscough, based on EPC data. The below chart shows the distribution of detached houses by size in Burscough, and where 6 ORCHID WAY lies on this distribution: 25% of detached houses are smaller than 6 ORCHID WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Burscough.
6 ORCHID WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 6 ORCHID WAY, 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 6 ORCHID WAY). 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.
6 ORCHID WAY is located in BURSCOUGH, in the L40 postcode district. The below map shows the position of No. 6 on ORCHID WAY.