5, GROVE TERRACE, SOUTHPORT, PR8 5NE - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 GROVE TERRACE is a small detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £317,275. It was last sold for £195,000 in July 2015, which was around 18% below the average July 2015 detached price in the Sefton local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

5 GROVE TERRACE Sold Prices

Land registry data shows two sales for 5 GROVE TERRACE 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 5 GROVE TERRACE 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
2015 31 JUL	£195,000	£238,742	18% below HPI
2006 29 NOV	£174,950	£252,835	31% below HPI

5 GROVE TERRACE 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 5 GROVE TERRACE sales from November 2006 and July 2015 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 November 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 GROVE TERRACE be worth now?

5 GROVE TERRACE might now be worth an estimated £317,275.

This is based on house price inflation of 62.7%, between July 2015 and December 2024, 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 62.7% inflationary increase is applied to the most recent sale price for 5 GROVE TERRACE of £195,000 on 31st July 2015. For the value to have increased from £195,000 to £317,275 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 GROVE TERRACE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The July 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GROVE TERRACE has not materially changed since July 2015.

How Large is 5 GROVE TERRACE?

5 GROVE TERRACE is 109m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% 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 5 GROVE TERRACE lies on this distribution: 33% of detached houses houses are smaller than 5 GROVE TERRACE, and 67% of houses are larger. Note that EPC data is not available for all properties in Southport.

5 GROVE TERRACE: Plot and Title Map

5 GROVE TERRACE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 5 GROVE TERRACE, 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 5 GROVE TERRACE). 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 5 GROVE TERRACE?

5 GROVE TERRACE is located in SOUTHPORT, in the PR8 postcode district. The below map shows the position of No. 5 on GROVE TERRACE.