Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
37 PALACE ROAD is a midsized extended property of 147m², built sometime between 1983 and 1990. It was last sold for £6,000 in August 2023, which was around 98% below the average August 2023 detached price in the Sefton local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 37 PALACE ROAD since 1st 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. One of the three 37 PALACE ROAD sales was for below the average price, whilst two 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 22 AUG | £6,000 | £365,158 | 98% below HPI |
2021 10 DEC | £460,000 | £333,993 | 38% above HPI |
1996 31 JAN | £138,000 | £87,893 | 57% above HPI |
The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The three 37 PALACE ROAD sales between January 1996 and August 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 December 2021 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2023 sale, where it falls to 98% below the HPI. The line then continues to track at 98% below the HPI.
37 PALACE ROAD is 147m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 37 PALACE ROAD lies on this distribution: 57% of detached houses are smaller than 37 PALACE ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Southport.
37 PALACE ROAD sits on a plot of roughly 0.782 of an acre, or 3,165m². The below map shows the location of 37 PALACE 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 37 PALACE 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.
37 PALACE ROAD is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 37 on PALACE ROAD.