24, CAMBRIDGE ROAD, FORMBY, LIVERPOOL, L37 2EL - £298,500

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

24 CAMBRIDGE ROAD is a large detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £465,497. It was last sold for £298,500 in September 2006, which was around 20% above the average September 2006 detached price in the Sefton local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

24 CAMBRIDGE ROAD Sold Prices

Land registry data shows three sales for 24 CAMBRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. All of the three 24 CAMBRIDGE ROAD 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
2006 15 SEP	£298,500	£249,091	20% above HPI
2000 17 MAR	£139,950	£103,130	36% above HPI
1997 30 JUN	£125,000	£92,216	36% above HPI

24 CAMBRIDGE ROAD 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 three 24 CAMBRIDGE ROAD sales between June 1997 and September 2006 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 March 2000 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the September 2006 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 24 CAMBRIDGE ROAD be worth now?

24 CAMBRIDGE ROAD might now be worth an estimated £465,497.

This is based on house price inflation of 55.9%, between September 2006 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 55.9% inflationary increase is applied to the most recent sale price for 24 CAMBRIDGE ROAD of £298,500 on 15th September 2006. For the value to have increased from £298,500 to £465,497 over the seventeen years and nine months to December 2024, the following assumptions must hold true:

• The value of 24 CAMBRIDGE ROAD has moved in line with the HPI for detached houses in the Sefton local authority area.
• The September 2006 sale price of £298,500 represented a fair market value for the property.
• The size, condition, and specification of 24 CAMBRIDGE ROAD has not materially changed since September 2006.

How Large is 24 CAMBRIDGE ROAD?

24 CAMBRIDGE ROAD is 157m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% 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 24 CAMBRIDGE ROAD lies on this distribution: 64% of detached houses houses are smaller than 24 CAMBRIDGE ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Formby.

24 CAMBRIDGE ROAD: Plot and Title Map

24 CAMBRIDGE ROAD sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 24 CAMBRIDGE ROAD, 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 24 CAMBRIDGE ROAD). 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 24 CAMBRIDGE ROAD?

24 CAMBRIDGE ROAD is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 24 on CAMBRIDGE ROAD.