2, LEVENS CLOSE, BANKS, SOUTHPORT, PR9 8FS - £322,500

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.

2 LEVENS CLOSE is a very large detached house of 156m², built sometime between 1996 and 2002, which could now be worth an estimated £442,609. It was last sold for £322,500 in February 2016, which was around 21% above the average February 2016 detached price in the West Lancashire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

2 LEVENS CLOSE Sold Prices

Land registry data shows three sales for 2 LEVENS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 2 LEVENS CLOSE sales were 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
2016 3 FEB	£322,500	£265,679	21% above HPI
2001 24 AUG	£210,000	£120,132	75% above HPI
1999 17 DEC	£162,450	£105,079	55% above HPI

2 LEVENS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 2 LEVENS CLOSE sales between December 1999 and February 2016 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 August 2001 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the February 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 LEVENS CLOSE be worth now?

2 LEVENS CLOSE might now be worth an estimated £442,609.

This is based on house price inflation of 37.2%, between February 2016 and February 2025, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.2% inflationary increase is applied to the most recent sale price for 2 LEVENS CLOSE of £322,500 on 3rd February 2016. For the value to have increased from £322,500 to £442,609 over the nine years to February 2025, the following assumptions must hold true:

• The value of 2 LEVENS CLOSE has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The February 2016 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 2 LEVENS CLOSE has not materially changed since February 2016.

How Large is 2 LEVENS CLOSE?

2 LEVENS CLOSE is 156m² according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of detached houses houses in Banks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Banks, and where 2 LEVENS CLOSE lies on this distribution: 82% of detached houses houses are smaller than 2 LEVENS CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Banks.

2 LEVENS CLOSE: Plot and Title Map

2 LEVENS CLOSE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 2 LEVENS 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 2 LEVENS 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 2 LEVENS CLOSE?

2 LEVENS CLOSE is located in BANKS, in the PR9 postcode district. The below map shows the position of No. 2 on LEVENS CLOSE.