48, PALACE ROAD, SOUTHPORT, PR8 2BE - £249,500

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

48 PALACE ROAD is a midsized extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £249,500 in December 2011, which was around 6% above the average December 2011 detached price in the Sefton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was C.

48 PALACE ROAD Sold Prices

Land registry data shows two sales for 48 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. Both of the two 48 PALACE ROAD 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
2011 20 DEC	£249,500	£235,715	6% above HPI
2001 1 JUN	£134,950	£120,005	12% above HPI

48 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 48 PALACE ROAD sales from June 2001 and December 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 June 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2011 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 48 PALACE ROAD?

48 PALACE ROAD is 147m², which includes one extension, according to the EPC inspection conducted in February 2010. 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 48 PALACE ROAD lies on this distribution: 58% of detached houses are smaller than 48 PALACE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Southport.

48 PALACE ROAD: Plot and Title Map

48 PALACE ROAD sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 48 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 48 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 48 PALACE ROAD?

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