16, BANKS ROAD, SOUTHPORT, PR9 8JG - £257,500

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

16 BANKS ROAD is a midsized extended detached house of 149m², built sometime between 1900 and 1929. It was last sold for £257,500 in December 2020, which was around 18% below the average December 2020 detached price in the Sefton local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

16 BANKS ROAD Sold Prices

Land registry data shows two sales for 16 BANKS ROAD 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. One of the two 16 BANKS ROAD sales was for below the average price, whilst the other was roughly equal to 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 14 DEC	£257,500	£315,581	18% below HPI
2010 24 SEP	£249,995	£251,037	Close to HPI

16 BANKS ROAD 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 16 BANKS ROAD sales from September 2010 and December 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 September 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 BANKS ROAD?

16 BANKS ROAD is 149m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 16 BANKS ROAD lies on this distribution: 58% of detached houses are smaller than 16 BANKS ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Southport.

16 BANKS ROAD: Plot and Title Map

16 BANKS ROAD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 16 BANKS ROAD, 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 16 BANKS ROAD). 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 16 BANKS ROAD?

16 BANKS ROAD is located in SOUTHPORT, in the PR9 postcode district. The below map shows the position of No. 16 on BANKS ROAD.