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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Wheat Lane, Ormskirk is a period freehold house with 914 ft2 of internal area and sits on a 208 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Wheat Lane, Ormskirk is £307,781 and the estimated rental value is £1,330 per month.
Wheat Lane, Lathom, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
8, Wheat Lane, Ormskirk has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8, Wheat Lane, Ormskirk is in very good condition we estimate a sale value of £323,170 and a rental value of £1,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,236 and a rental value of £1,237 per month.
Over the last 12 months the sale value of 8 Wheat Lane Ormskirk has increased by an estimated £6,067 (2.0%) and its rental value has increased by an estimated £47 per month (3.6%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 8, Wheat Lane, Ormskirk sits on a plot of 208m2.
We have plot size data on 10 out of 13 other houses in the postcode and 8, Wheat Lane, Ormskirk sits on the 9th largest plot.
8, Wheat Lane, Ormskirk has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 8, Wheat Lane, Ormskirk was last sold on 6th October 2022 for £260,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since October 2022, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Wheat Lane, Ormskirk within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 7, Elder Avenue, Ormskirk, L40 5BS, a leasehold house which sold for £290,000 on the 22nd August 2022.
Read more about house prices in L40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheat Lane, Lathom, Ormskirk, L40 has a total of 23 addresses. According to our analysis of all the public data, 8, Wheat Lane, Ormskirk is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in L40.
The closest station to 8, Wheat Lane, Ormskirk is Burscough Junction station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 8, Wheat Lane, Ormskirk, 44.4% of property is privately owned outright and 33.3% 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 8, Wheat Lane, Ormskirk, 10.8% of residents are recorded as possessing school level qualifications and 42.3% 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 8, Wheat 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 8, Wheat Lane, Ormskirk, 2.2% 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 8, Wheat Lane, Ormskirk, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
