Fairbank, Ormskirk
Fairbank, Ormskirk
Description & Estimates
Fairbank, Ormskirk is recorded publicly as a mid-century freehold house across 1,044 ft2 of internal area, sitting on a 1,174 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Fairbank, Ormskirk is £360,131 and its rental estimate is £1,450 per month, given the available information and assuming reasonable condition.
Moss Lane, Burscough, Ormskirk, L40 falls within the L40 postal district, in the borough of West Lancashire.
Our Data Sources
Fairbank, Ormskirk has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Fairbank, Ormskirk, we estimate a market value of £378,138 and a rental value of £1,522 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £334,922 and £1,348 per month respectively.
Recent Market Change
Over the last year, Fairbank, Ormskirk has seen its estimated sale value increase by £8,310 (2.3%) and its estimated rental value grow by £39 per month (2.7%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for Fairbank, Ormskirk as measuring 1,174 m2.
That makes it the 4th largest plot in the postcode, where 15 of the 16 other houses have recorded plot data.
Energy Efficiency
Fairbank, Ormskirk has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
The most recent sale of Fairbank, Ormskirk completed on 10th December 2020 at £319,985 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 41.6% over the period since December 2020.
- Sold Dec 2020£319,985
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Fairbank, Ormskirk have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 213, Moss Lane, Ormskirk, L40 4AS, a freehold house which sold for £400,000.
Read more about house prices in L40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 151 addresses on Moss Lane, Burscough, Ormskirk, L40, Fairbank, Ormskirk comes out as the 91st largest and the 39th most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the L40 district.
More reading links
Schools Nearby
- 1.6kmBurscough Bridge St John's Church of England Primary School
- 1.7kmBurscough Village Primary School
- 1.9kmBurscough Bridge Methodist School
- 2.1kmBurscough Priory Academy
- 6.1kmOrmskirk School
- 6.4kmLathom High School : A Technology College
More reading links
Public Transport Nearby
From Fairbank, Ormskirk, the nearest station is Burscough Bridge, 1.6 kilometres away.
- 1.6kmBurscough Bridge
- 2.2kmBurscough Junction
- 2.4kmHoscar
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
