4, BUTTERMERE CLOSE, FORMBY, LIVERPOOL, L37 2YB - £314,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 BUTTERMERE CLOSE is a midsized detached house of 132m², built sometime between 1967 and 1975. It was last sold for £314,000 in March 2015, which was around 34% above the average March 2015 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 C.

4 BUTTERMERE CLOSE Sold Prices

Land registry data shows two sales for 4 BUTTERMERE CLOSE 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 4 BUTTERMERE CLOSE 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
2015 6 MAR	£314,000	£233,684	34% above HPI
2004 9 JAN	£234,950	£185,305	27% above HPI

4 BUTTERMERE CLOSE 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 4 BUTTERMERE CLOSE sales from January 2004 and March 2015 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 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2015 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 4 BUTTERMERE CLOSE be worth now?

4 BUTTERMERE CLOSE might now be worth an estimated £521,953.

This is based on house price inflation of 66.2%, between March 2015 and December 2024, 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 66.2% inflationary increase is applied to the most recent sale price for 4 BUTTERMERE CLOSE of £314,000 on 6th March 2015. For the value to have increased from £314,000 to £521,953 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of 4 BUTTERMERE CLOSE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The March 2015 sale price of £314,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BUTTERMERE CLOSE has not materially changed since March 2015.

How Large is 4 BUTTERMERE CLOSE?

4 BUTTERMERE CLOSE is 132m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% 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 4 BUTTERMERE CLOSE lies on this distribution: 44% of detached houses houses are smaller than 4 BUTTERMERE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Formby.

4 BUTTERMERE CLOSE: Plot and Title Map

4 BUTTERMERE CLOSE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 4 BUTTERMERE CLOSE, 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 4 BUTTERMERE CLOSE). 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 4 BUTTERMERE CLOSE?

4 BUTTERMERE CLOSE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 4 on BUTTERMERE CLOSE.