1, THE PINEWOODS, FORMBY, LIVERPOOL, L37 1QN - £861,800

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE PINEWOODS is a large detached house of 180m², which could now be worth an estimated £979,747. It was last sold for £861,800 in February 2022, which was around 157% above the average February 2022 detached price in the Sefton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

1 THE PINEWOODS Sold Prices

Land registry data shows two sales for 1 THE PINEWOODS 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 THE PINEWOODS 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 11 FEB	£861,800	£335,129	157% above HPI
2021 30 JUN	£487,500	£313,590	55% above HPI

1 THE PINEWOODS 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 THE PINEWOODS sales from June 2021 and February 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 June 2021 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2022 sale, where it rises to 157% above the HPI. The line then continues to track at 157% above the HPI.

What might 1 THE PINEWOODS be worth now?

1 THE PINEWOODS might now be worth an estimated £979,747.

This is based on house price inflation of 13.7%, between February 2022 and February 2025, for detached houses, in the Sefton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 1 THE PINEWOODS of £861,800 on 11th February 2022. For the value to have increased from £861,800 to £979,747 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 THE PINEWOODS has moved in line with the HPI for detached houses in the Sefton local authority area.
• The February 2022 sale price of £861,800 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PINEWOODS has not materially changed since February 2022.

How Large is 1 THE PINEWOODS?

1 THE PINEWOODS is 180m² according to the EPC inspection conducted in February 2017. This puts it in the largest 30% of detached houses houses in Formby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Formby, and where 1 THE PINEWOODS lies on this distribution: 74% of detached houses houses are smaller than 1 THE PINEWOODS, and 26% of houses are larger. Note that EPC data is not available for all properties in Formby.

1 THE PINEWOODS: Plot and Title Map

1 THE PINEWOODS sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of 1 THE PINEWOODS, 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 THE PINEWOODS). 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 THE PINEWOODS?

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