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According to the public record, 11, Lyelake Lane, Ormskirk is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 945 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Lyelake Lane, Ormskirk is £355,720 and the estimated rental value is £1,411 per month.
Lyelake Lane, Lathom, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
11, Lyelake Lane, Ormskirk has a single entry in the Land Registry from April 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 11, Lyelake Lane, Ormskirk is in very good condition we estimate a sale value of £373,506 and a rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,819 and a rental value of £1,312 per month.
Over the last 12 months the sale value of 11 Lyelake Lane Ormskirk has increased by an estimated £7,012 (2.0%) and its rental value has increased by an estimated £50 per month (3.6%), giving an expected gross yield of 4.8%.
According to HM Land Registry, 11, Lyelake Lane, Ormskirk was last sold on 12th April 2024 for £390,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2024, the market for similar properties has dropped 18.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Lyelake Lane, Ormskirk within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 10, Meadow Close, Ormskirk, L40 6JS, a freehold house which sold for £285,000 on the 9th August 2024.
Read more about house prices in L40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyelake Lane, Lathom, Ormskirk, L40 has a total of 15 addresses. According to our analysis of all the public data, 11, Lyelake Lane, Ormskirk is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in L40.
The closest station to 11, Lyelake Lane, Ormskirk is Ormskirk station which is 3.5 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Lyelake Lane, Ormskirk, 51.4% of property is privately owned outright and 36.7% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 11, Lyelake Lane, Ormskirk, 19.3% of residents are recorded as possessing school level qualifications and 40.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Lyelake Lane, Ormskirk, the average age was 42.2 and the most common age was 17.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 11, Lyelake Lane, Ormskirk, 1.5% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 11, Lyelake Lane, Ormskirk, there are an average of 2.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.