109, FORMOSA DRIVE, LIVERPOOL, L10 7LD - £145,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

109 FORMOSA DRIVE is a small detached house of 103m², built sometime between 1976 and 1982. It was last sold for £145,000 in November 2017, which was around 41% below the average November 2017 detached price in the Liverpool local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

109 FORMOSA DRIVE Sold Prices

Land registry data shows two sales for 109 FORMOSA 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 Liverpool local authority area for the corresponding sale date. Both of the two 109 FORMOSA DRIVE sales were for below 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
2017 28 NOV	£145,000	£245,947	41% below HPI
2005 14 OCT	£100,000	£201,437	50% below HPI

109 FORMOSA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Liverpool local authority area over time, sourced from the HPI. The two 109 FORMOSA DRIVE sales from October 2005 and November 2017 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 October 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2017 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 109 FORMOSA DRIVE?

109 FORMOSA DRIVE is 103m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Liverpool, based on EPC data. The below chart shows the distribution of detached houses by size in Liverpool, and where 109 FORMOSA DRIVE lies on this distribution: 37% of detached houses are smaller than 109 FORMOSA DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Liverpool.

109 FORMOSA DRIVE: Plot and Title Map

109 FORMOSA DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 109 FORMOSA 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 109 FORMOSA 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 109 FORMOSA DRIVE?

109 FORMOSA DRIVE is located in LIVERPOOL, in the L10 postcode district. The below map shows the position of No. 109 on FORMOSA DRIVE.