12, PHILLIPS LANE, FORMBY, LIVERPOOL, L37 4AZ - £475,100

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

12 PHILLIPS LANE is a small extended detached house of 126m², built sometime between 1930 and 1949. It was last sold for £475,100 in June 2020, which was around 66% above the average June 2020 detached price in the Sefton local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

12 PHILLIPS LANE Sold Prices

Land registry data shows three sales for 12 PHILLIPS 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 12 PHILLIPS 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
2020 19 JUN	£475,100	£286,008	66% above HPI
2018 26 OCT	£450,000	£286,125	57% above HPI
2012 24 AUG	£240,000	£233,151	3% above HPI

12 PHILLIPS 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 12 PHILLIPS LANE sales between August 2012 and June 2020 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 2018 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the June 2020 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 12 PHILLIPS LANE?

12 PHILLIPS LANE is 126m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 12 PHILLIPS LANE lies on this distribution: 39% of detached houses are smaller than 12 PHILLIPS LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Formby.

12 PHILLIPS LANE: Plot and Title Map

12 PHILLIPS LANE sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of 12 PHILLIPS 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 12 PHILLIPS 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 12 PHILLIPS LANE?

12 PHILLIPS LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 12 on PHILLIPS LANE.