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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 Oak Cottage, Ormskirk is £394,558 and the estimated rental value is £1,591 per month.
Vale Lane, Lathom, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
Oak Cottage, Ormskirk has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated June 2019.
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.
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 Oak Cottage, Ormskirk is in very good condition we estimate a sale value of £414,286 and a rental value of £1,670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,939 and a rental value of £1,480 per month.
Over the last 12 months the sale value of Oak Cottage Ormskirk has increased by an estimated £3,623 (0.9%) and its rental value has increased by an estimated £33 per month (2.0%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, Oak Cottage, Ormskirk sits on a plot of 325m2.
We have plot size data on 29 out of 33 other houses in the postcode and Oak Cottage, Ormskirk sits on the 28th largest plot.
Oak Cottage, Ormskirk has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Jun 2019.
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, Oak Cottage, Ormskirk was last sold on 30th June 2021 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oak Cottage, Ormskirk within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 31, Ulverston Drive, Skelmersdale, WN8 6HL, a freehold house which sold for £310,000 on the 10th May 2024.
Read more about house prices in L40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vale Lane, Lathom, Ormskirk, L40 has a total of 33 addresses. According to our analysis of all the public data, Oak Cottage, Ormskirk is the 9th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in L40.
The closest station to Oak Cottage, Ormskirk is Parbold station which is 3.2 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Oak Cottage, Ormskirk, 58.6% of property is privately owned outright and 28.9% 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 Oak Cottage, Ormskirk, 8.0% of residents are recorded as possessing school level qualifications and 42.0% 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 Oak Cottage, 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 Oak Cottage, Ormskirk, 0.3% 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 Oak Cottage, Ormskirk, there are an average of 2.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.