53, GORES LANE, FORMBY, LIVERPOOL, L37 3NU - £395,000

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

53 GORES LANE is a small extended detached house of 117m², built sometime before 1900. It was last sold for £395,000 in January 2017, which was around 52% above the average January 2017 detached price in the Sefton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

53 GORES LANE Sold Prices

Land registry data shows two sales for 53 GORES LANE 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 53 GORES LANE 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
2017 4 JAN	£395,000	£260,349	52% above HPI
2007 28 AUG	£275,000	£265,478	4% above HPI

53 GORES LANE 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 53 GORES LANE sales from August 2007 and January 2017 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 August 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2017 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 53 GORES LANE?

53 GORES LANE is 117m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 53 GORES LANE lies on this distribution: 31% of detached houses are smaller than 53 GORES LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Formby.

53 GORES LANE: Plot and Title Map

53 GORES LANE sits on a plot of roughly 0.304 of an acre, or 1,230m². The below map shows the location of 53 GORES LANE, 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 53 GORES LANE). 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 53 GORES LANE?

53 GORES LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 53 on GORES LANE.