Mill Dam Lane - L40 7TG
Key Postcode Insights
L40 7TG is a residential postcode situated on Mill Dam Lane, Burscough, Ormskirk, L40 with 46 addresses.
It ranks as the 522nd largest and 74th most expensive of the 554 postcodes in the L40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 46 properties: 38 houses and 8 flats.
- Ave. Sale Price
- £216,907
- 10 Year change
- up 40.0%
- Ave. Rental Price
- £1,191pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
L40 7TG is a residential postcode situated on Mill Dam Lane, Burscough, Ormskirk, L40 with 46 addresses.
It ranks as the 522nd largest and 74th most expensive of the 554 postcodes in the L40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 46 properties: 38 houses and 8 flats.
- Ave. Sale Price
- £216,907
- 10 Year change
- up 40.0%
- Ave. Rental Price
- £1,191pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £220/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin L40 7TG
- Mill Dam Farm
5 Bed Mid-century House
- The Mill
Unknown
- The Shippon
Unknown
- 1 Mill Dam Lane
Unknown
- 3 Mill Dam Lane
3 Bed Period House
Sales Market Trends
The last sale in L40 7TG sold for £205,000 on 31st October 2025. Since then prices are up an average of 1.3%.
The current average value in the postcode is £216,907.
The L40 7TG Sales Market has increased by 40.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £216,907 |
| June 2025 | 2% | £214,196 |
| June 2024 | 2.1% | £209,920 |
| June 2023 | 1.6% | £205,689 |
| June 2022 | 8% | £202,465 |
| June 2021 | 4.5% | £187,417 |
| June 2020 | 6% | £179,389 |
| June 2019 | 0.3% | £169,219 |
| June 2018 | 6.4% | £168,727 |
| June 2017 | 2.4% | £158,615 |
| June 2016 | 0.2% | £154,950 |
| June 2015 | 2.7% | £154,576 |
| June 2014 | 5% | £150,507 |
| June 2013 | -2.3% | £143,388 |
| June 2012 | 2.8% | £146,733 |
| June 2011 | -4.7% | £142,682 |
| June 2010 | 0.5% | £149,782 |
| June 2009 | -6.5% | £148,963 |
| June 2008 | 0.2% | £159,391 |
| June 2007 | 0% | £159,085 |
Rental Market Trends
The current average rental value in the postcode is £1,191.
The L40 7TG Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,191pcm |
| June 2025 | 7.2% | £1,159pcm |
| June 2024 | 5.4% | £1,081pcm |
| June 2023 | 10.3% | £1,026pcm |
| June 2022 | 6.5% | £930pcm |
| June 2021 | 7.3% | £873pcm |
| June 2020 | -0.3% | £814pcm |
| June 2019 | 0.3% | £817pcm |
| June 2018 | 1.5% | £814pcm |
| June 2017 | -0.8% | £802pcm |
| June 2016 | 4% | £808pcm |
| June 2015 | 1.1% | £777pcm |
| June 2014 | 0.6% | £769pcm |
| June 2013 | 0.1% | £764pcm |
| June 2012 | -0.9% | £764pcm |
| June 2011 | 2.1% | £771pcm |
| June 2010 | 0.9% | £755pcm |
| June 2009 | -3.1% | £748pcm |
| June 2008 | -1.8% | £773pcm |
| June 2007 | 0% | £787pcm |
Sales History
The last sale was on 31st October 2025 for £205,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 34 sales since 1995.
L40 7TG has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£205,000 | 3 Bed House85, Mill Dam Lane, Ormskirk, L40 7TG85, Mill Dam Lane, Ormskirk, L40 7TG
- Sold Dec 2024£110,000 | 3 Bed House3, Mill Dam Lane, Ormskirk, L40 7TG3, Mill Dam Lane, Ormskirk, L40 7TG
- Sold Jul 2023£220,000 | 3 Bed House77, Mill Dam Lane, Ormskirk, L40 7TG77, Mill Dam Lane, Ormskirk, L40 7TG
- Sold May 2023£245,000 | 3 Bed House55, Mill Dam Lane, Ormskirk, L40 7TG55, Mill Dam Lane, Ormskirk, L40 7TG
- Sold Mar 2023£180,000 | 3 Bed House87, Mill Dam Lane, Ormskirk, L40 7TG87, Mill Dam Lane, Ormskirk, L40 7TG
Nearby Postcodes
L40 7TG is the 522nd largest and the 74th most expensive postcode out of the 554 postcodes in the L40 area.
- L40 7TQ, Mill Dam Lane, Burscough, Ormskirk, L40L40 7TQ26 Addresses|65 m away
- L40 7TJ, Manor Drive, Burscough, Ormskirk, L40L40 7TJ24 Addresses|75 m away
- L40 7TH, Manor Avenue, Burscough, Ormskirk, L40L40 7TH31 Addresses|125 m away
- L40 7UD, Mill Dam Close, Burscough, Ormskirk, L40L40 7UD3 Addresses|154 m away
- L40 7TL, Manor Gardens, Burscough, Ormskirk, L40L40 7TL18 Addresses|156 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 13 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 8 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- period house (3)
- modern house (2)
- mid-century house (13)
- mid-century flat (8)
- house (2)
- early-century house (8)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (6)
- B (2)
- F (0)
- C (14)
- G (0)
- D (12)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold May 2021£334,500 | 4 Bed House10, Mill Dam Lane, Ormskirk, L40 7TQ10, Mill Dam Lane, Ormskirk, L40 7TQ
- Sold Jun 2023£300,000 | 4 Bed House2, Mill Dam Lane, Ormskirk, L40 7TQ2, Mill Dam Lane, Ormskirk, L40 7TQ
- Sold May 2013£285,000 | 4 Bed House44, Mill Dam Lane, Ormskirk, L40 7TQ44, Mill Dam Lane, Ormskirk, L40 7TQ
Schools Nearby
- St John's Catholic Primary School, Burscough800 m away
- Burscough Lordsgate Township Church of England Primary School1.1 km away
- Burscough Bridge Methodist School1.7 km away
- Burscough Priory Academy1.5 km away
- Ormskirk School2.6 km away
- St Bede's Catholic High School3.9 km away
More reading links
Public Transport Nearby
The closest station to L40 7TG is Burscough Junction station, which is 1.4 kilometres away.
- Burscough Junction|1.4 km away
- Burscough Bridge|2.0 km away
- New Lane|2.7 km away
- Ormskirk|2.8 km away
