178, FORMOSA DRIVE, LIVERPOOL, L10 7LQ - £71,000

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

178 FORMOSA DRIVE is a very small extended semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £105,573. It was last sold for £71,000 in February 2020, which was around 52% below the average February 2020 semi-detached price in the Liverpool local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

178 FORMOSA DRIVE Sold Prices

Land registry data shows four sales for 178 FORMOSA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Liverpool local authority area for the corresponding sale date. All of the four 178 FORMOSA DRIVE 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
2020 14 FEB	£71,000	£147,950	52% below HPI
2004 22 NOV	£85,000	£113,094	25% below HPI
2002 20 FEB	£36,000	£56,241	36% below HPI
2000 28 FEB	£31,500	£46,605	32% below HPI

178 FORMOSA DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Liverpool local authority area over time, sourced from the HPI. The four 178 FORMOSA DRIVE sales between February 2000 and February 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 November 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2020 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 178 FORMOSA DRIVE be worth now?

178 FORMOSA DRIVE might now be worth an estimated £105,573.

This is based on house price inflation of 48.7%, between February 2020 and December 2024, for semi-detached houses, in the Liverpool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.7% inflationary increase is applied to the most recent sale price for 178 FORMOSA DRIVE of £71,000 on 14th February 2020. For the value to have increased from £71,000 to £105,573 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 178 FORMOSA DRIVE has moved in line with the HPI for semi-detached houses in the Liverpool local authority area.
• The February 2020 sale price of £71,000 represented a fair market value for the property.
• The size, condition, and specification of 178 FORMOSA DRIVE has not materially changed since February 2020.

How Large is 178 FORMOSA DRIVE?

178 FORMOSA DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of semi-detached houses houses in Liverpool, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Liverpool, and where 178 FORMOSA DRIVE lies on this distribution: 12% of semi-detached houses houses are smaller than 178 FORMOSA DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Liverpool.

178 FORMOSA DRIVE: Plot and Title Map

178 FORMOSA DRIVE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 178 FORMOSA DRIVE, 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 178 FORMOSA DRIVE). 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 178 FORMOSA DRIVE?

178 FORMOSA DRIVE is located in LIVERPOOL, in the L10 postcode district. The below map shows the position of No. 178 on FORMOSA DRIVE.