2A, WELD ROAD, SOUTHPORT, PR8 2AZ - £387,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A WELD ROAD is a midsized detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £439,965. It was last sold for £387,000 in February 2022, which was around 15% above the average February 2022 detached price in the Sefton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

2A WELD ROAD Sold Prices

Land registry data shows three sales for 2A WELD ROAD 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 2A WELD 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
2022 17 FEB	£387,000	£335,129	15% above HPI
2009 9 DEC	£275,000	£249,712	10% above HPI
2002 1 NOV	£230,000	£153,075	50% above HPI

2A WELD 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 three 2A WELD ROAD sales between November 2002 and February 2022 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 December 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2A WELD ROAD be worth now?

2A WELD ROAD might now be worth an estimated £439,965.

This is based on house price inflation of 13.7%, between February 2022 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 2A WELD ROAD of £387,000 on 17th February 2022. For the value to have increased from £387,000 to £439,965 over the three years to February 2025, the following assumptions must hold true:

• The value of 2A WELD ROAD has moved in line with the HPI for detached houses in the Sefton local authority area.
• The February 2022 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of 2A WELD ROAD has not materially changed since February 2022.

How Large is 2A WELD ROAD?

2A WELD ROAD is 140m² according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Southport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southport, and where 2A WELD ROAD lies on this distribution: 53% of detached houses houses are smaller than 2A WELD ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Southport.

2A WELD ROAD: Plot and Title Map

2A WELD ROAD sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 2A WELD 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 2A WELD 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 2A WELD ROAD?

2A WELD ROAD is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 2A on WELD ROAD.