17, EDISON CLOSE, FORMBY, LIVERPOOL, L37 6EX - £298,000

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

17 EDISON CLOSE is a very small detached house of 90m². It was last sold for £298,000 in June 2021, which was around 7% below the average June 2021 detached price in the Sefton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

17 EDISON CLOSE Sold Prices

Land registry data shows two sales for 17 EDISON CLOSE 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. Both of the two 17 EDISON CLOSE sales were 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 25 JUN	£298,000	£320,176	7% below HPI
2015 11 SEP	£246,995	£249,531	1% below HPI

17 EDISON CLOSE 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 17 EDISON CLOSE sales from September 2015 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 September 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 17 EDISON CLOSE?

17 EDISON CLOSE is 90m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 17 EDISON CLOSE lies on this distribution: 9% of detached houses are smaller than 17 EDISON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Formby.

17 EDISON CLOSE: Plot and Title Map

17 EDISON CLOSE sits on a plot of roughly 0.633 of an acre, or 2,563m². The below map shows the location of 17 EDISON CLOSE, 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 17 EDISON CLOSE). 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 17 EDISON CLOSE?

17 EDISON CLOSE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 17 on EDISON CLOSE.