114A, GORES LANE, FORMBY, LIVERPOOL, L37 7AH - £625,000

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

114A GORES LANE is a very large extended detached house of 220m², built sometime between 1976 and 1982. It was last sold for £625,000 in December 2021, which was around 87% above the average December 2021 detached price in the Sefton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

114A GORES LANE Sold Prices

Land registry data shows three sales for 114A GORES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. All of the three 114A GORES LANE 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
2021 21 DEC	£625,000	£333,993	87% above HPI
2013 18 JAN	£478,000	£234,637	104% above HPI
1996 16 SEP	£123,000	£88,799	39% above HPI

114A GORES LANE 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 three 114A GORES LANE sales between September 1996 and December 2021 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 2013 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the December 2021 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is 114A GORES LANE?

114A GORES LANE is 220m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 114A GORES LANE lies on this distribution: 86% of detached houses are smaller than 114A GORES LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Formby.

114A GORES LANE: Plot and Title Map

114A GORES LANE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 114A GORES LANE, 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 114A GORES LANE). 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 114A GORES LANE?

114A GORES LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 114A on GORES LANE.