33A, OLD MILL LANE, FORMBY, LIVERPOOL, L37 3PE - £645,000

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.

33A OLD MILL LANE is a large detached house of 182m², which could now be worth an estimated £690,201. It was last sold for £645,000 in February 2023, which was around 81% above the average February 2023 detached price in the Sefton local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was B.

33A OLD MILL LANE Sold Prices

Land registry data shows three sales for 33A OLD MILL 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 33A OLD MILL 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
2023 24 FEB	£645,000	£356,044	81% above HPI
2021 29 JUN	£590,000	£313,590	88% above HPI
2017 18 MAY	£500,000	£262,342	91% above HPI

33A OLD MILL 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 33A OLD MILL LANE sales between May 2017 and February 2023 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 June 2021 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the February 2023 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 33A OLD MILL LANE be worth now?

33A OLD MILL LANE might now be worth an estimated £690,201.

This is based on house price inflation of 7%, between February 2023 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 7% inflationary increase is applied to the most recent sale price for 33A OLD MILL LANE of £645,000 on 24th February 2023. For the value to have increased from £645,000 to £690,201 over the two years to February 2025, the following assumptions must hold true:

• The value of 33A OLD MILL LANE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The February 2023 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 33A OLD MILL LANE has not materially changed since February 2023.

How Large is 33A OLD MILL LANE?

33A OLD MILL LANE is 182m² according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses houses in Formby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Formby, and where 33A OLD MILL LANE lies on this distribution: 74% of detached houses houses are smaller than 33A OLD MILL LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Formby.

33A OLD MILL LANE: Plot and Title Map

33A OLD MILL LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 33A OLD MILL 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 33A OLD MILL 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 33A OLD MILL LANE?

33A OLD MILL LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 33A on OLD MILL LANE.