42, BANKFIELD LANE, SOUTHPORT, PR9 7NJ - £445,000

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

42 BANKFIELD LANE is a large extended detached house of 169m², built sometime between 1930 and 1949. It was last sold for £445,000 in December 2021, which was around 33% above the average December 2021 detached price in the Sefton local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

42 BANKFIELD LANE Sold Prices

Land registry data shows two sales for 42 BANKFIELD LANE 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 42 BANKFIELD LANE 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 20 DEC	£445,000	£333,993	33% above HPI
2003 6 AUG	£315,000	£174,167	81% above HPI

42 BANKFIELD LANE 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 42 BANKFIELD LANE sales from August 2003 and December 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 2003 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the December 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 42 BANKFIELD LANE?

42 BANKFIELD LANE is 169m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 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 42 BANKFIELD LANE lies on this distribution: 66% of detached houses are smaller than 42 BANKFIELD LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Southport.

42 BANKFIELD LANE: Plot and Title Map

42 BANKFIELD LANE sits on a plot of roughly 1.9 acres, or 7,512m². The below map shows the location of 42 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 42 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.

Where is 42 BANKFIELD LANE?

42 BANKFIELD LANE is located in SOUTHPORT, in the PR9 postcode district. The below map shows the position of No. 42 on BANKFIELD LANE.