16B, ELSON ROAD, FORMBY, LIVERPOOL, L37 2EG - £560,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16B ELSON ROAD is a small detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £693,676. It was last sold for £560,000 in June 2021, which was around 79% above the average June 2021 detached price in the Sefton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

16B ELSON ROAD Sold Prices

Land registry data shows two sales for 16B ELSON 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 16B ELSON ROAD sales was for above the average price, whilst the other was for below 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 18 JUN	£560,000	£313,590	79% above HPI
2020 28 FEB	£250,000	£280,119	11% below HPI

16B ELSON 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 16B ELSON ROAD sales from February 2020 and June 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 February 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 16B ELSON ROAD be worth now?

16B ELSON ROAD might now be worth an estimated £693,676.

This is based on house price inflation of 23.9%, between June 2021 and December 2024, 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 16B ELSON ROAD of £560,000 on 18th June 2021. For the value to have increased from £560,000 to £693,676 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 16B ELSON ROAD has moved in line with the HPI for detached houses in the Sefton local authority area.
• The June 2021 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 16B ELSON ROAD has not materially changed since June 2021.

How Large is 16B ELSON ROAD?

16B ELSON ROAD is 119m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses houses in Formby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Formby, and where 16B ELSON ROAD lies on this distribution: 32% of detached houses houses are smaller than 16B ELSON ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Formby.

16B ELSON ROAD: Plot and Title Map

16B ELSON ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 16B ELSON 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 16B ELSON 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 16B ELSON ROAD?

16B ELSON ROAD is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 16B on ELSON ROAD.