21A, RYEGROUND LANE, FORMBY, LIVERPOOL, L37 7EG - £320,000

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

21A RYEGROUND LANE is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £320,000 in March 2023, which was around 9% below the average March 2023 detached price in the Sefton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was B.

21A RYEGROUND LANE Sold Prices

Land registry data shows two sales for 21A RYEGROUND LANE 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 21A RYEGROUND LANE 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
2023 10 MAR	£320,000	£352,918	9% below HPI
2021 18 JUN	£245,000	£313,590	22% below HPI

21A RYEGROUND LANE 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 21A RYEGROUND LANE sales from June 2021 and March 2023 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 June 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 21A RYEGROUND LANE be worth now?

21A RYEGROUND LANE might now be worth an estimated £352,214.

This is based on house price inflation of 10.1%, between March 2023 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 10.1% inflationary increase is applied to the most recent sale price for 21A RYEGROUND LANE of £320,000 on 10th March 2023. For the value to have increased from £320,000 to £352,214 over the three months to December 2024, the following assumptions must hold true:

• The value of 21A RYEGROUND LANE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The March 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 21A RYEGROUND LANE has not materially changed since March 2023.

How Large is 21A RYEGROUND LANE?

21A RYEGROUND LANE is 78m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 21A RYEGROUND LANE lies on this distribution: 4% of detached houses houses are smaller than 21A RYEGROUND LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Formby.

21A RYEGROUND LANE: Plot and Title Map

21A RYEGROUND LANE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 21A RYEGROUND LANE, 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 21A RYEGROUND LANE). 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 21A RYEGROUND LANE?

21A RYEGROUND LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 21A on RYEGROUND LANE.