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
15B GREEN LANE is a very large detached house of 230m², built sometime between 1967 and 1975. It was last sold for £725,000 in August 2019, which was around 148% above the average August 2019 detached price in the Sefton local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 15B GREEN LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. All of the four 15B GREEN 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 |
---|---|---|---|
2019 23 AUG | £725,000 | £291,896 | 148% above HPI |
2006 23 JUN | £427,000 | £249,160 | 71% above HPI |
2004 25 JUN | £420,000 | £205,115 | 105% above HPI |
1996 5 JAN | £185,000 | £87,893 | 110% above HPI |
The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The four 15B GREEN LANE sales between January 1996 and August 2019 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 2006 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the August 2019 sale, where it rises to 148% above the HPI. The line then continues to track at 148% above the HPI.
15B GREEN LANE is 230m² according to the EPC inspection conducted in June 2009. 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 15B GREEN LANE lies on this distribution: 87% of detached houses are smaller than 15B GREEN LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Formby.
15B GREEN LANE sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 15B GREEN 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 15B GREEN 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.
15B GREEN LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 15B on GREEN LANE.