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 WESTMINSTER DRIVE is a midsized extended property of 130m², built sometime between 1967 and 1975. It was last sold for £352,500 in May 2024, which was around 5% below the average May 2024 detached price in the Sefton local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 48 WESTMINSTER DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. All of the three 48 WESTMINSTER 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 |
---|---|---|---|
2024 31 MAY | £352,500 | £369,815 | 5% below HPI |
2015 18 FEB | £221,000 | £239,786 | 8% below HPI |
2007 31 JAN | £231,000 | £256,178 | 10% below HPI |
The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The three 48 WESTMINSTER DRIVE sales between January 2007 and May 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 February 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
48 WESTMINSTER DRIVE is 130m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 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 WESTMINSTER DRIVE lies on this distribution: 46% of detached houses are smaller than 48 WESTMINSTER DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Southport.
48 WESTMINSTER DRIVE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 48 WESTMINSTER 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 WESTMINSTER 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.
48 WESTMINSTER DRIVE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 48 on WESTMINSTER DRIVE.