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According to the public record, Fairacres, Ormskirk is a mid-century house with 2,002 ft2 of internal area and sits on a 1,114 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Fairacres, Ormskirk is £495,996 and the estimated rental value is £1,868 per month.
Bleak Lane, Lathom, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
Fairacres, Ormskirk has no records in the the Land Registry and a single entry in the EPC database dated January 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Fairacres, Ormskirk is in very good condition we estimate a sale value of £520,796 and a rental value of £1,961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,277 and a rental value of £1,737 per month.
Over the last 12 months the sale value of Fairacres Ormskirk has increased by an estimated £4,554 (0.9%) and its rental value has increased by an estimated £38 per month (2.0%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, Fairacres, Ormskirk sits on a plot of 1114m2.
We have plot size data on 3 out of 4 other houses in the postcode and Fairacres, Ormskirk sits on the 3rd largest plot.
Fairacres, Ormskirk has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Fairacres, Ormskirk within a radius of 1.9 kilometres over the last 2 years.
The most recent example is Abrahams Barn, Meadow Lane, Ormskirk, L40 4BR, a freehold house which sold for £450,000 on the 16th September 2022.
Read more about house prices in L40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bleak Lane, Lathom, Ormskirk, L40 has a total of 4 addresses. According to our analysis of all the public data, Fairacres, Ormskirk is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in L40.
The closest station to Fairacres, Ormskirk is Hoscar station which is 700 metres away.
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 Fairacres, Ormskirk, 63.1% of property is privately owned outright and 30.5% 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 Fairacres, Ormskirk, 14.2% of residents are recorded as possessing school level qualifications and 38.6% 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 Fairacres, 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 Fairacres, 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 Fairacres, Ormskirk, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.