55, GORES LANE, FORMBY, LIVERPOOL, L37 3NU - £620,000

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

55 GORES LANE is a very large extended detached house of 215m², built sometime between 1930 and 1949. It was last sold for £620,000 in October 2020, which was around 104% above the average October 2020 detached price in the Sefton local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

55 GORES LANE Sold Prices

Land registry data shows three sales for 55 GORES LANE 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. All of the three 55 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
2020 23 OCT	£620,000	£304,177	104% above HPI
2015 30 OCT	£535,000	£250,597	113% above HPI
1999 25 JUN	£150,000	£102,364	47% above HPI

55 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 three 55 GORES LANE sales between June 1999 and October 2020 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 October 2015 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the October 2020 sale, where it falls to 104% above the HPI. The line then continues to track at 104% above the HPI.

How Large is 55 GORES LANE?

55 GORES LANE is 215m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 55 GORES LANE lies on this distribution: 84% of detached houses are smaller than 55 GORES LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Formby.

55 GORES LANE: Plot and Title Map

55 GORES LANE sits on a plot of roughly 0.214 of an acre, or 865m². The below map shows the location of 55 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 55 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 55 GORES LANE?

55 GORES LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 55 on GORES LANE.