5, STATION ROAD, BANKS, SOUTHPORT, PR9 8BB - £387,500

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

5 STATION ROAD is a very large detached house of 307m², built sometime between 1996 and 2002. It was last sold for £387,500 in October 2023, which was around 8% above the average October 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

5 STATION ROAD Sold Prices

Land registry data shows two sales for 5 STATION 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 West Lancashire local authority area for the corresponding sale date. One of the two 5 STATION ROAD sales was for above the average price, whilst the other 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
2023 6 OCT	£387,500	£360,315	8% above HPI
2004 7 DEC	£125,000	£215,665	42% below HPI

5 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 5 STATION ROAD sales from December 2004 and October 2023 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 December 2004 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 STATION ROAD?

5 STATION ROAD is 307m² according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Banks, based on EPC data. The below chart shows the distribution of detached houses by size in Banks, and where 5 STATION ROAD lies on this distribution: More than 99% of detached houses are smaller than 5 STATION ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Banks.

5 STATION ROAD: Plot and Title Map

5 STATION ROAD sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 5 STATION 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 5 STATION 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 5 STATION ROAD?

5 STATION ROAD is located in BANKS, in the PR9 postcode district. The below map shows the position of No. 5 on STATION ROAD.