28, TIMMS LANE, FORMBY, LIVERPOOL, L37 7DN - £950,000

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

28 TIMMS LANE is a very large detached house of 335m², built sometime from 2012 onwards. It was last sold for £950,000 in April 2021, which was around 202% above the average April 2021 detached price in the Sefton local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.

28 TIMMS LANE Sold Prices

Land registry data shows three sales for 28 TIMMS LANE 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 28 TIMMS 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
2021 30 APR	£950,000	£314,587	202% above HPI
2017 3 APR	£950,000	£264,620	259% above HPI
2012 19 NOV	£800,000	£240,276	233% above HPI

28 TIMMS 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 three 28 TIMMS LANE sales between November 2012 and April 2021 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 April 2017 sale was for 259% above the HPI. So the extrapolation line tracks at 259% above the HPI over time, until the April 2021 sale, where it falls to 202% above the HPI. The line then continues to track at 202% above the HPI.

How Large is 28 TIMMS LANE?

28 TIMMS LANE is 335m² according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 28 TIMMS LANE lies on this distribution: 95% of detached houses are smaller than 28 TIMMS LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Formby.

28 TIMMS LANE: Plot and Title Map

28 TIMMS LANE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 28 TIMMS 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 28 TIMMS 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 28 TIMMS LANE?

28 TIMMS LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 28 on TIMMS LANE.