8, DRAKE CLOSE, AUGHTON, ORMSKIRK, L39 5QL - £302,500

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

8 DRAKE CLOSE is a small detached house of 114m², built sometime between 1983 and 1990. It was last sold for £302,500 in August 2010, which was around 22% above the average August 2010 detached price in the West Lancashire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

8 DRAKE CLOSE Sold Prices

Land registry data shows three sales for 8 DRAKE CLOSE 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 8 DRAKE 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
2010 2 AUG	£302,500	£247,074	22% above HPI
1999 18 JUN	£134,950	£100,645	34% above HPI
1997 27 JUN	£116,000	£93,748	24% above HPI

8 DRAKE CLOSE 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 8 DRAKE CLOSE sales between June 1997 and August 2010 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 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2010 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 8 DRAKE CLOSE?

8 DRAKE CLOSE is 114m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses by size in Ormskirk, and where 8 DRAKE CLOSE lies on this distribution: 33% of detached houses are smaller than 8 DRAKE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

8 DRAKE CLOSE: Plot and Title Map

8 DRAKE CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 8 DRAKE 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 8 DRAKE 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.

Where is 8 DRAKE CLOSE?

8 DRAKE CLOSE is located in AUGHTON, in the L39 postcode district. The below map shows the position of No. 8 on DRAKE CLOSE.