4, HEATHERWAYS, FORMBY, LIVERPOOL, L37 7HL - £262,000

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

4 HEATHERWAYS is a very small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £262,000 in May 2019, which was around 9% below the average May 2019 detached price in the Sefton local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

4 HEATHERWAYS Sold Prices

Land registry data shows three sales for 4 HEATHERWAYS 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 4 HEATHERWAYS 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
2019 16 MAY	£262,000	£287,067	9% below HPI
2018 25 JUN	£225,500	£275,039	18% below HPI
2018 1 JUN	£198,000	£275,039	28% below HPI

4 HEATHERWAYS 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 4 HEATHERWAYS sales between June 2018 and May 2019 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 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 HEATHERWAYS?

4 HEATHERWAYS is 88m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 4 HEATHERWAYS lies on this distribution: 8% of detached houses are smaller than 4 HEATHERWAYS, and 92% of houses are larger. Note that EPC data is not available for all properties in Formby.

4 HEATHERWAYS: Plot and Title Map

4 HEATHERWAYS sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 4 HEATHERWAYS, 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 HEATHERWAYS). 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 HEATHERWAYS?

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