OAKWOOD, FLASH LANE, RUFFORD, ORMSKIRK, L40 1SN - £399,950

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

OAKWOOD is a midsized extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £399,950 in June 2021, which was around 30% above the average June 2021 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was C.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD 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 OAKWOOD 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
2021 11 JUN	£399,950	£306,536	30% above HPI
2000 12 MAY	£140,000	£102,845	36% above HPI

OAKWOOD 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 OAKWOOD sales from May 2000 and June 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 May 2000 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 143m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Rufford, based on EPC data. The below chart shows the distribution of detached houses by size in Rufford, and where OAKWOOD lies on this distribution: 50% of detached houses are smaller than OAKWOOD, and 49% of houses are larger. Note that EPC data is not available for all properties in Rufford.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on FLASH LANE in RUFFORD, in the L40 postcode district. The below map shows the position of OAKWOOD on FLASH LANE.