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

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

16B ELSON ROAD is a small detached house of 119m², built sometime between 1950 and 1966. It was last sold for £560,000 in June 2021, which was around 75% 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	£320,176	75% above HPI
2020 28 FEB	£250,000	£286,002	13% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

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 in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 16B ELSON ROAD lies on this distribution: 32% of detached 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.