3, CHIPPING AVENUE, SOUTHPORT, PR8 2SG - £246,500

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.

3 CHIPPING AVENUE is a very small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £315,237. It was last sold for £246,500 in October 2020, which was around 17% below the average October 2020 detached price in the Sefton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

3 CHIPPING AVENUE Sold Prices

Land registry data shows two sales for 3 CHIPPING AVENUE 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 3 CHIPPING AVENUE sales were for below 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 30 OCT	£246,500	£297,920	17% below HPI
2014 10 JAN	£180,000	£228,827	21% below HPI

3 CHIPPING AVENUE 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 3 CHIPPING AVENUE sales from January 2014 and October 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 January 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 CHIPPING AVENUE be worth now?

3 CHIPPING AVENUE might now be worth an estimated £315,237.

This is based on house price inflation of 27.9%, between October 2020 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 27.9% inflationary increase is applied to the most recent sale price for 3 CHIPPING AVENUE of £246,500 on 30th October 2020. For the value to have increased from £246,500 to £315,237 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 CHIPPING AVENUE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The October 2020 sale price of £246,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CHIPPING AVENUE has not materially changed since October 2020.

How Large is 3 CHIPPING AVENUE?

3 CHIPPING AVENUE is 86m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% 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 3 CHIPPING AVENUE lies on this distribution: 14% of detached houses houses are smaller than 3 CHIPPING AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Southport.

3 CHIPPING AVENUE: Plot and Title Map

3 CHIPPING AVENUE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 CHIPPING AVENUE, 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 3 CHIPPING AVENUE). 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 3 CHIPPING AVENUE?

3 CHIPPING AVENUE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 3 on CHIPPING AVENUE.