4, THE PADDOCK, FORMBY, LIVERPOOL, L37 7HQ - £420,000

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 THE PADDOCK is a small detached house of 122m², built sometime between 1967 and 1975. It was last sold for £420,000 in April 2021, which was around 36% above the average April 2021 detached price in the Sefton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

4 THE PADDOCK Sold Prices

Land registry data shows two sales for 4 THE PADDOCK 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 THE PADDOCK 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
2021 7 APR	£420,000	£308,116	36% above HPI
2019 12 AUG	£421,000	£285,891	47% above HPI

4 THE PADDOCK 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 THE PADDOCK sales from August 2019 and April 2021 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 August 2019 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the April 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 4 THE PADDOCK be worth now?

4 THE PADDOCK might now be worth an estimated £529,500.

This is based on house price inflation of 26.1%, between April 2021 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 26.1% inflationary increase is applied to the most recent sale price for 4 THE PADDOCK of £420,000 on 7th April 2021. For the value to have increased from £420,000 to £529,500 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 4 THE PADDOCK has moved in line with the HPI for detached houses in the Sefton local authority area.
• The April 2021 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE PADDOCK has not materially changed since April 2021.

How Large is 4 THE PADDOCK?

4 THE PADDOCK is 122m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% 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 THE PADDOCK lies on this distribution: 35% of detached houses houses are smaller than 4 THE PADDOCK, and 64% of houses are larger. Note that EPC data is not available for all properties in Formby.

4 THE PADDOCK: Plot and Title Map

4 THE PADDOCK sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 4 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

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