48, WOODLANDS ROAD, FORMBY, LIVERPOOL, L37 2JW - £345,000

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

48 WOODLANDS ROAD is a very small detached house of 101m², built sometime between 1967 and 1975. It was last sold for £345,000 in October 2019, which was around 15% above the average October 2019 detached price in the Sefton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

48 WOODLANDS ROAD Sold Prices

Land registry data shows three sales for 48 WOODLANDS ROAD since 1^st 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. Two of the three 48 WOODLANDS ROAD sales were for above the average price, whilst one was 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
2019 4 OCT	£345,000	£299,366	15% above HPI
2017 28 JUL	£278,000	£271,471	2% above HPI
2011 29 NOV	£220,000	£239,099	8% below HPI

48 WOODLANDS 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 three 48 WOODLANDS ROAD sales between November 2011 and October 2019 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 July 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 48 WOODLANDS ROAD?

48 WOODLANDS ROAD is 101m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 48 WOODLANDS ROAD lies on this distribution: 17% of detached houses are smaller than 48 WOODLANDS ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Formby.

48 WOODLANDS ROAD: Plot and Title Map

48 WOODLANDS ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 48 WOODLANDS 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 WOODLANDS 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 WOODLANDS ROAD?

48 WOODLANDS ROAD is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 48 on WOODLANDS ROAD.