56, OLIVE GROVE, WAVERTREE, LIVERPOOL, L15 8LU - £173,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

56 OLIVE GROVE is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £283,155. It was last sold for £173,500 in November 2015, which was around 22% below the average November 2015 detached price in the Liverpool local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

56 OLIVE GROVE Sold Prices

Land registry data shows four sales for 56 OLIVE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Liverpool local authority area for the corresponding sale date. All of the four 56 OLIVE GROVE 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 16 NOV	£173,500	£223,529	22% below HPI
2007 21 NOV	£168,000	£226,954	26% below HPI
2001 14 AUG	£76,000	£101,506	25% below HPI
1995 29 SEP	£59,950	£70,566	15% below HPI

56 OLIVE GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Liverpool local authority area over time, sourced from the HPI. The four 56 OLIVE GROVE sales between September 1995 and November 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 56 OLIVE GROVE be worth now?

56 OLIVE GROVE might now be worth an estimated £283,155.

This is based on house price inflation of 63.2%, between November 2015 and February 2025, for detached houses, in the Liverpool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.2% inflationary increase is applied to the most recent sale price for 56 OLIVE GROVE of £173,500 on 16th November 2015. For the value to have increased from £173,500 to £283,155 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 56 OLIVE GROVE has moved in line with the HPI for detached houses in the Liverpool local authority area.
• The November 2015 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 56 OLIVE GROVE has not materially changed since November 2015.

How Large is 56 OLIVE GROVE?

56 OLIVE GROVE is 76m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses houses in Liverpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Liverpool, and where 56 OLIVE GROVE lies on this distribution: 8% of detached houses houses are smaller than 56 OLIVE GROVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Liverpool.

56 OLIVE GROVE: Plot and Title Map

56 OLIVE GROVE sits on a plot of roughly 21.3 acres, or 86,083m². The below map shows the location of 56 OLIVE GROVE, 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 56 OLIVE GROVE). 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 56 OLIVE GROVE?

56 OLIVE GROVE is located in WAVERTREE, in the L15 postcode district. The below map shows the position of No. 56 on OLIVE GROVE.