24A, OLD TOWN LANE, FORMBY, LIVERPOOL, L37 3HP - £640,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24A OLD TOWN LANE is a midsized detached house of 135m², built sometime between 1950 and 1966. It was last sold for £640,000 in July 2024, which was around 70% above the average July 2024 detached price in the Sefton local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

24A OLD TOWN LANE Sold Prices

Land registry data shows two sales for 24A OLD TOWN LANE 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 24A OLD TOWN LANE 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
2024 10 JUL	£640,000	£375,963	70% above HPI
2016 16 NOV	£450,000	£262,610	71% above HPI

24A OLD TOWN LANE 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 24A OLD TOWN LANE sales from November 2016 and July 2024 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 November 2016 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the July 2024 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 24A OLD TOWN LANE?

24A OLD TOWN LANE is 135m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 24A OLD TOWN LANE lies on this distribution: 47% of detached houses are smaller than 24A OLD TOWN LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Formby.

24A OLD TOWN LANE: Plot and Title Map

24A OLD TOWN LANE sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 24A OLD TOWN LANE, 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 24A OLD TOWN LANE). 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 24A OLD TOWN LANE?

24A OLD TOWN LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 24A on OLD TOWN LANE.