48, OVINGTON DRIVE, SOUTHPORT, PR8 6JW - £201,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 OVINGTON DRIVE is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £228,509. It was last sold for £201,000 in February 2022, which was around 40% below the average February 2022 detached price in the Sefton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

48 OVINGTON DRIVE Sold Prices

Land registry data shows two sales for 48 OVINGTON DRIVE 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 48 OVINGTON DRIVE sales were 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
2022 25 FEB	£201,000	£335,129	40% below HPI
1997 26 SEP	£59,950	£90,080	33% below HPI

48 OVINGTON DRIVE 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 48 OVINGTON DRIVE sales from September 1997 and February 2022 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 September 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 48 OVINGTON DRIVE be worth now?

48 OVINGTON DRIVE might now be worth an estimated £228,509.

This is based on house price inflation of 13.7%, between February 2022 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 48 OVINGTON DRIVE of £201,000 on 25th February 2022. For the value to have increased from £201,000 to £228,509 over the three years to February 2025, the following assumptions must hold true:

• The value of 48 OVINGTON DRIVE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The February 2022 sale price of £201,000 represented a fair market value for the property.
• The size, condition, and specification of 48 OVINGTON DRIVE has not materially changed since February 2022.

How Large is 48 OVINGTON DRIVE?

48 OVINGTON DRIVE is 81m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Southport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southport, and where 48 OVINGTON DRIVE lies on this distribution: 11% of detached houses houses are smaller than 48 OVINGTON DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Southport.

48 OVINGTON DRIVE: Plot and Title Map

48 OVINGTON DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 48 OVINGTON DRIVE, 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 48 OVINGTON DRIVE). 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 48 OVINGTON DRIVE?

48 OVINGTON DRIVE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 48 on OVINGTON DRIVE.