22, ELM DRIVE, FORMBY, LIVERPOOL, L37 2DL - £325,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

22 ELM DRIVE is a very small detached house of 103m², built sometime between 1967 and 1975. It was last sold for £325,000 in June 2023, which was around 11% below the average June 2023 detached price in the Sefton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

22 ELM DRIVE Sold Prices

Land registry data shows two sales for 22 ELM DRIVE 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 22 ELM 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
2023 5 JUN	£325,000	£365,648	11% below HPI
1998 1 SEP	£68,000	£95,687	29% below HPI

22 ELM DRIVE 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 22 ELM DRIVE sales from September 1998 and June 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 September 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 22 ELM DRIVE?

22 ELM DRIVE is 103m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 22 ELM DRIVE lies on this distribution: 19% of detached houses are smaller than 22 ELM DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Formby.

22 ELM DRIVE: Plot and Title Map

22 ELM DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 22 ELM 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 22 ELM 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 22 ELM DRIVE?

22 ELM DRIVE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 22 on ELM DRIVE.