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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 BANKS ROAD is a midsized extended detached house of 149m², built sometime between 1900 and 1929, which could now be worth an estimated £319,135. It was last sold for £257,500 in December 2020, which was around 17% 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 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 14 DEC	£257,500	£309,089	17% below HPI
2010 24 SEP	£249,995	£245,873	2% above 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 was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 BANKS ROAD be worth now?

16 BANKS ROAD might now be worth an estimated £319,135.

This is based on house price inflation of 23.9%, between December 2020 and March 2025, 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 23.9% inflationary increase is applied to the most recent sale price for 16 BANKS ROAD of £257,500 on 14th December 2020. For the value to have increased from £257,500 to £319,135 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 16 BANKS ROAD has moved in line with the HPI for detached houses in the Sefton local authority area.
• The December 2020 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 16 BANKS ROAD has not materially changed since December 2020.

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 houses in Southport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southport, and where 16 BANKS ROAD lies on this distribution: 59% of detached houses houses are smaller than 16 BANKS ROAD, and 41% 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.