Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
40 BANKFIELD LANE is a small detached house of 116m², built sometime between 1930 and 1949. It was last sold for £395,000 in October 2011, which was around 62% above the average October 2011 detached price in the Sefton local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 40 BANKFIELD LANE since 1st 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. One of the two 40 BANKFIELD LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2011 3 OCT | £395,000 | £243,584 | 62% above HPI |
2010 15 OCT | £225,000 | £252,629 | 11% below HPI |
The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The two 40 BANKFIELD LANE sales from October 2010 and October 2011 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 October 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2011 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.
40 BANKFIELD LANE is 116m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 40 BANKFIELD LANE lies on this distribution: 36% of detached houses are smaller than 40 BANKFIELD LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Southport.
40 BANKFIELD LANE sits on a plot of roughly 1.9 acres, or 7,512m². The below map shows the location of 40 BANKFIELD LANE, 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 40 BANKFIELD LANE). 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.
40 BANKFIELD LANE is located in SOUTHPORT, in the PR9 postcode district. The below map shows the position of No. 40 on BANKFIELD LANE.