37, GORES LANE, FORMBY, LIVERPOOL, L37 3NT - £482,500

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

37 GORES LANE is a small detached house of 117m², built sometime between 1950 and 1966. It was last sold for £482,500 in February 2021, which was around 52% above the average February 2021 detached price in the Sefton local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

37 GORES LANE Sold Prices

Land registry data shows three sales for 37 GORES 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 37 GORES 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 5 FEB	£482,500	£318,307	52% above HPI
2012 19 OCT	£332,500	£239,734	39% above HPI
2007 14 SEP	£380,000	£266,370	43% above HPI

37 GORES 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 37 GORES LANE sales between September 2007 and February 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 October 2012 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2021 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 37 GORES LANE?

37 GORES LANE is 117m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 37 GORES LANE lies on this distribution: 31% of detached houses are smaller than 37 GORES LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Formby.

37 GORES LANE: Plot and Title Map

37 GORES LANE sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of 37 GORES 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 37 GORES 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 37 GORES LANE?

37 GORES LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 37 on GORES LANE.