24, ELM DRIVE, FORMBY, LIVERPOOL, L37 2DL - £185,000

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

24 ELM DRIVE is a midsized extended detached house of 142m², built sometime between 1967 and 1975. It was last sold for £185,000 in August 2003, which was around 6% above the average August 2003 detached price in the Sefton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was A.

24 ELM DRIVE Sold Prices

Land registry data shows two sales for 24 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. One of the two 24 ELM DRIVE sales was for above the average price, whilst the other was 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
2003 22 AUG	£185,000	£174,167	6% above HPI
1998 17 MAR	£89,000	£94,025	5% below HPI

24 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 24 ELM DRIVE sales from March 1998 and August 2003 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 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2003 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 24 ELM DRIVE?

24 ELM DRIVE is 142m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 24 ELM DRIVE lies on this distribution: 52% of detached houses are smaller than 24 ELM DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Formby.

24 ELM DRIVE: Plot and Title Map

24 ELM DRIVE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 24 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 24 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 24 ELM DRIVE?

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