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 PALMERSTON DRIVE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £222,500 in July 2023, which was around 20% below the average July 2023 detached price in the Knowsley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 4 PALMERSTON DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Knowsley local authority area for the corresponding sale date. One of the two 4 PALMERSTON DRIVE sales was for below the average price, whilst the other was 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 7 JUL | £222,500 | £278,979 | 20% below HPI |
2003 3 JAN | £120,550 | £107,307 | 12% above HPI |
The below graph shows the average detached house price in the Knowsley local authority area over time, sourced from the HPI. The two 4 PALMERSTON DRIVE sales from January 2003 and July 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 January 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
4 PALMERSTON DRIVE is 77m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Liverpool, based on EPC data. The below chart shows the distribution of detached houses by size in Liverpool, and where 4 PALMERSTON DRIVE lies on this distribution: 9% of detached houses are smaller than 4 PALMERSTON DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Liverpool.
4 PALMERSTON DRIVE sits on a plot of roughly 0.698 of an acre, or 2,824m². The below map shows the location of 4 PALMERSTON DRIVE, 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 PALMERSTON DRIVE). 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.
4 PALMERSTON DRIVE is located in HUNTS CROSS, in the L25 postcode district. The below map shows the position of No. 4 on PALMERSTON DRIVE.