42, PALACE ROAD, SOUTHPORT, PR8 2BE - £360,000

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

42 PALACE ROAD is a midsized detached house of 139m², built sometime between 1967 and 1975. It was last sold for £360,000 in March 2024, which was around 1% below the average March 2024 detached price in the Sefton local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

42 PALACE ROAD Sold Prices

Land registry data shows two sales for 42 PALACE ROAD 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. One of the two 42 PALACE ROAD 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
2024 6 MAR	£360,000	£363,408	1% below HPI
2001 11 JUN	£139,950	£120,005	17% above HPI

42 PALACE ROAD 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 PALACE ROAD sales from June 2001 and March 2024 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 June 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 42 PALACE ROAD?

42 PALACE ROAD is 139m² according to the EPC inspection conducted in July 2023. This puts it in the largest 50% 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 PALACE ROAD lies on this distribution: 52% of detached houses are smaller than 42 PALACE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Southport.

42 PALACE ROAD: Plot and Title Map

42 PALACE ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 42 PALACE ROAD, 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 PALACE ROAD). 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 PALACE ROAD?

42 PALACE ROAD is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 42 on PALACE ROAD.