11, SPRINGFIELD CLOSE, FORMBY, LIVERPOOL, L37 2LL - £232,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 SPRINGFIELD CLOSE is a small detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £328,542. It was last sold for £232,500 in October 2017, which was around 15% below the average October 2017 detached price in the Sefton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

11 SPRINGFIELD CLOSE Sold Prices

Land registry data shows two sales for 11 SPRINGFIELD CLOSE 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 11 SPRINGFIELD CLOSE 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 27 OCT	£232,500	£274,892	15% below HPI
2014 22 JAN	£189,000	£228,827	17% below HPI

11 SPRINGFIELD CLOSE 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 11 SPRINGFIELD CLOSE sales from January 2014 and October 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 January 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 11 SPRINGFIELD CLOSE be worth now?

11 SPRINGFIELD CLOSE might now be worth an estimated £328,542.

This is based on house price inflation of 41.3%, between October 2017 and December 2024, 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 41.3% inflationary increase is applied to the most recent sale price for 11 SPRINGFIELD CLOSE of £232,500 on 27th October 2017. For the value to have increased from £232,500 to £328,542 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 11 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The October 2017 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 11 SPRINGFIELD CLOSE has not materially changed since October 2017.

How Large is 11 SPRINGFIELD CLOSE?

11 SPRINGFIELD CLOSE is 115m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 11 SPRINGFIELD CLOSE lies on this distribution: 29% of detached houses houses are smaller than 11 SPRINGFIELD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Formby.

11 SPRINGFIELD CLOSE: Plot and Title Map

11 SPRINGFIELD CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 11 SPRINGFIELD CLOSE, 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 11 SPRINGFIELD CLOSE). 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 11 SPRINGFIELD CLOSE?

11 SPRINGFIELD CLOSE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 11 on SPRINGFIELD CLOSE.