24, KINGS ROAD, FORMBY, LIVERPOOL, L37 4BB - £250,000

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

24 KINGS ROAD is a very small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £250,000 in October 2008, which was around 1% above the average October 2008 detached price in the Sefton local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

24 KINGS ROAD Sold Prices

Land registry data shows two sales for 24 KINGS ROAD 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 24 KINGS 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
2008 17 OCT	£250,000	£247,499	1% above HPI
2006 30 MAR	£242,500	£233,742	4% above HPI

24 KINGS 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 two 24 KINGS ROAD sales from March 2006 and October 2008 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 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2008 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 24 KINGS ROAD be worth now?

24 KINGS ROAD might now be worth an estimated £392,371.

This is based on house price inflation of 56.9%, between October 2008 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 56.9% inflationary increase is applied to the most recent sale price for 24 KINGS ROAD of £250,000 on 17th October 2008. For the value to have increased from £250,000 to £392,371 over the fifteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 24 KINGS ROAD has moved in line with the HPI for detached houses in the Sefton local authority area.
• The October 2008 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 KINGS ROAD has not materially changed since October 2008.

How Large is 24 KINGS ROAD?

24 KINGS ROAD is 92m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% 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 KINGS ROAD lies on this distribution: 11% of detached houses houses are smaller than 24 KINGS ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Formby.

24 KINGS ROAD: Plot and Title Map

24 KINGS ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 24 KINGS 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 KINGS 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 KINGS ROAD?

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