39, COVERTSIDE ROAD, SCARISBRICK, SOUTHPORT, PR8 5HB - £255,000

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.

39 COVERTSIDE ROAD is a small extended detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £335,228. It was last sold for £255,000 in February 2020, which was around 8% below the average February 2020 detached price in the West Lancashire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

39 COVERTSIDE ROAD Sold Prices

Land registry data shows two sales for 39 COVERTSIDE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 39 COVERTSIDE ROAD 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 14 FEB	£255,000	£277,362	8% below HPI
2019 26 JUL	£260,000	£284,026	8% below HPI

39 COVERTSIDE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 39 COVERTSIDE ROAD sales from July 2019 and February 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 July 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2020 sale, which was also at 8% below the HPI.

What might 39 COVERTSIDE ROAD be worth now?

39 COVERTSIDE ROAD might now be worth an estimated £335,228.

This is based on house price inflation of 31.5%, between February 2020 and February 2025, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.5% inflationary increase is applied to the most recent sale price for 39 COVERTSIDE ROAD of £255,000 on 14th February 2020. For the value to have increased from £255,000 to £335,228 over the five years to February 2025, the following assumptions must hold true:

• The value of 39 COVERTSIDE ROAD has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The February 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 39 COVERTSIDE ROAD has not materially changed since February 2020.

How Large is 39 COVERTSIDE ROAD?

39 COVERTSIDE ROAD is 102m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 39 COVERTSIDE ROAD lies on this distribution: 27% of detached houses houses are smaller than 39 COVERTSIDE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Southport.

39 COVERTSIDE ROAD: Plot and Title Map

39 COVERTSIDE ROAD sits on a plot of roughly 2.4 acres, or 9,690m². The below map shows the location of 39 COVERTSIDE 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 39 COVERTSIDE 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 39 COVERTSIDE ROAD?

39 COVERTSIDE ROAD is located in SCARISBRICK, in the PR8 postcode district. The below map shows the position of No. 39 on COVERTSIDE ROAD.