According to the public record, 2A, Vicarage Lane, Ormskirk is a mid-century freehold house and with 807 ft2 of internal area and sits on a 565 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Vicarage Lane, Westhead, Ormskirk, L40 is located in the borough of West Lancashire within the L40 postal district.
2A, Vicarage Lane, Ormskirk has a single entry in the Land Registry database from April 2018 and no records in the EPC database.
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 2A Vicarage Lane Ormskirk as £325,278 and the rental value as £1,255 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 2A Vicarage Lane Ormskirk has increased by £8,582 (2.6%) and its rental value has increased by £80 per month (6.4%).
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 2A, Vicarage Lane, Ormskirk is in very good condition we estimate a sale value of £341,541 and rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,508 and a rental value of £1,167 per month.
If you were able to purchase this property for the estimated value of £325,278, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,599 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, 2A, Vicarage Lane, Ormskirk sits on a plot of 565m2.
We have plot size data on 10 out of 20 other houses in the postcode and 2A, Vicarage Lane, Ormskirk sits on the 9th largest plot.
According to HM Land Registry, 2A, Vicarage Lane, Ormskirk was last sold on 05 Apr 2018 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 30.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Vicarage Lane, Ormskirk within a radius of 1.0km over the last 2 years.
The most recent example is 3, Spinner Mews, Ormskirk, L39 4AE, a Leasehold house which sold for £52,500 in Mar 2023.
Read more about house prices in L40.
Vicarage Lane, Westhead, Ormskirk, L40 has a total of 33 addresses. According to our analysis of all the public data, 2A, Vicarage Lane, Ormskirk is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in L40.
2A, Vicarage Lane, Ormskirk has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 26 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
The closest station to 2A, Vicarage Lane, Ormskirk is Ormskirk station which is 1.7 km 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 2A, Vicarage Lane, Ormskirk, 52.0% of property is privately rented and 17.3% is socially rented.
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 2A, Vicarage Lane, Ormskirk, 56.2% of residents are recorded as possessing school level qualifications and 27.6% 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 2A, Vicarage 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 2A, Vicarage Lane, Ormskirk, 1.6% 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 2A, Vicarage Lane, Ormskirk, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.