24, THE PADDOCK, FORMBY, LIVERPOOL, L37 7HQ - £465,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 THE PADDOCK is a large extended detached house of 165m², built sometime between 1983 and 1990. It was last sold for £465,000 in September 2020, which was around 57% above the average September 2020 detached price in the Sefton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

24 THE PADDOCK Sold Prices

Land registry data shows two sales for 24 THE PADDOCK 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 THE PADDOCK 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
2020 28 SEP	£465,000	£296,479	57% above HPI
2019 15 AUG	£410,000	£291,896	40% above HPI

24 THE PADDOCK 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 THE PADDOCK sales from August 2019 and September 2020 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 August 2019 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the September 2020 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 24 THE PADDOCK?

24 THE PADDOCK is 165m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% 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 THE PADDOCK lies on this distribution: 67% of detached houses are smaller than 24 THE PADDOCK, and 32% of houses are larger. Note that EPC data is not available for all properties in Formby.

24 THE PADDOCK: Plot and Title Map

24 THE PADDOCK sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 24 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

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