Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
66 REDSANDS is a very small extended semi-detached house of 95m², built sometime between 1950 and 1966. It was last sold for £280,000 in December 2023, which was around 23% below the average December 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 66 REDSANDS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the four 66 REDSANDS 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 |
---|---|---|---|
2023 13 DEC | £280,000 | £361,308 | 23% below HPI |
2019 25 OCT | £250,000 | £288,966 | 13% below HPI |
2013 22 APR | £95,000 | £239,115 | 60% below HPI |
1997 6 JUN | £71,000 | £93,748 | 24% 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 four 66 REDSANDS sales between June 1997 and December 2023 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 October 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
66 REDSANDS is 95m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 66 REDSANDS lies on this distribution: 16% of detached houses are smaller than 66 REDSANDS, and 84% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.
66 REDSANDS sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 66 REDSANDS, 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 66 REDSANDS). 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.
66 REDSANDS is located in AUGHTON, in the L39 postcode district. The below map shows the position of No. 66 on REDSANDS.