According to the public record, 62, Orrell Lane, Ormskirk is a period freehold house with 631 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Orrell Lane, Burscough, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
62, Orrell Lane, Ormskirk has 41 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated July 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 62 Orrell Lane Ormskirk as £172,174 and the rental value as £977 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 62 Orrell Lane Ormskirk has increased by £4,803 (2.8%) and its rental value has increased by £65 per month (6.7%).
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 62, Orrell Lane, Ormskirk is in very good condition we estimate a sale value of £180,783 and rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,122 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £172,174, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £846 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 62, Orrell Lane, Ormskirk sits on a plot of 235m2.
We have plot size data on 25 out of 38 other houses in the postcode and 62, Orrell Lane, Ormskirk sits on the 7th largest plot.
According to HM Land Registry, 62, Orrell Lane, Ormskirk was last sold on 07 Feb 2014 for £97,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2014, the market for similar properties has risen 47.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Orrell Lane, Ormskirk within a radius of 790 metres over the last 2 years.
The most recent example is 51, Victoria Street, Ormskirk, L40 0SN, a Freehold house which sold for £120,000 in Apr 2024.
Read more about house prices in L40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orrell Lane, Burscough, Ormskirk, L40 has a total of 86 addresses. According to our analysis of all the public data, 62, Orrell Lane, Ormskirk is the 81st largest and the 77th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in L40.
62, Orrell Lane, Ormskirk has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 62, Orrell Lane, Ormskirk is Burscough Bridge station which is 200 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 62, Orrell Lane, Ormskirk, 42.6% of property is privately owned with a mortgage and 40.4% is privately owned outright.
The graph below shows how this compares to Greater London 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 62, Orrell Lane, Ormskirk, 22.7% of residents are recorded as possessing school level qualifications and 36.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 62, Orrell Lane, Ormskirk, the average age was 43 and the most common age was 52.
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 62, Orrell Lane, Ormskirk, 1.3% 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 62, Orrell 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.