1, OAKFIELD DRIVE, FORMBY, LIVERPOOL, L37 1NP - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OAKFIELD DRIVE is a midsized semi-detached house of 134m², built sometime between 1967 and 1975. It was last sold for £400,000 in March 2022, which was around 16% above the average March 2022 detached price in the Sefton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

1 OAKFIELD DRIVE Sold Prices

Land registry data shows two sales for 1 OAKFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. Both of the two 1 OAKFIELD DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 4 MAR	£400,000	£346,119	16% above HPI
2020 16 NOV	£332,000	£307,147	8% above HPI

1 OAKFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The two 1 OAKFIELD DRIVE sales from November 2020 and March 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 OAKFIELD DRIVE?

1 OAKFIELD DRIVE is 134m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 1 OAKFIELD DRIVE lies on this distribution: 46% of detached houses are smaller than 1 OAKFIELD DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Formby.

1 OAKFIELD DRIVE: Plot and Title Map

1 OAKFIELD DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 1 OAKFIELD DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 OAKFIELD DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 OAKFIELD DRIVE?

1 OAKFIELD DRIVE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 1 on OAKFIELD DRIVE.