4, RED BARNES, VICTORIA ROAD, FORMBY, LIVERPOOL, L37 7AG - £940,000

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 RED BARNES is a very large detached house of 278m², built sometime between 1996 and 2002. It was last sold for £940,000 in October 2020, which was around 209% above the average October 2020 detached price in the Sefton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

4 RED BARNES Sold Prices

Land registry data shows two sales for 4 RED BARNES 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 RED BARNES 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
2020 23 OCT	£940,000	£304,177	209% above HPI
1998 20 MAR	£290,000	£94,025	208% above HPI

4 RED BARNES 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 RED BARNES sales from March 1998 and October 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 March 1998 sale was for 208% above the HPI. So the extrapolation line tracks at 208% above the HPI over time, until the October 2020 sale, where it rises to 209% above the HPI. The line then continues to track at 209% above the HPI.

How Large is 4 RED BARNES?

4 RED BARNES is 278m² according to the EPC inspection conducted in April 2016. This puts it in the largest 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 RED BARNES lies on this distribution: 92% of detached houses are smaller than 4 RED BARNES, and 8% of houses are larger. Note that EPC data is not available for all properties in Formby.

4 RED BARNES: Plot and Title Map

4 RED BARNES sits on a plot of roughly 1.3 acres, or 5,090m². The below map shows the location of 4 RED BARNES, 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 RED BARNES). 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 RED BARNES?

4 RED BARNES is located on VICTORIA ROAD in FORMBY, in the L37 postcode district. The below map shows the position of 4 RED BARNES on VICTORIA ROAD.