58, MASSAMS LANE, FORMBY, LIVERPOOL, L37 7BE - £1,495,000

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.

58 MASSAMS LANE is a very large extended detached house of 346m², built sometime between 1930 and 1949, which could now be worth an estimated £2,315,079. It was last sold for £1,495,000 in November 2015, which was around 504% above the average November 2015 detached price in the Sefton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

58 MASSAMS LANE Sold Prices

Land registry data shows two sales for 58 MASSAMS 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 58 MASSAMS 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
2015 12 NOV	£1,495,000	£247,375	504% above HPI
2014 15 SEP	£995,000	£239,956	315% above HPI

58 MASSAMS 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 58 MASSAMS LANE sales from September 2014 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 September 2014 sale was for 315% above the HPI. So the extrapolation line tracks at 315% above the HPI over time, until the November 2015 sale, where it rises to 504% above the HPI. The line then continues to track at 504% above the HPI.

What might 58 MASSAMS LANE be worth now?

58 MASSAMS LANE might now be worth an estimated £2,315,079.

This is based on house price inflation of 54.9%, between November 2015 and March 2025, 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 54.9% inflationary increase is applied to the most recent sale price for 58 MASSAMS LANE of £1,495,000 on 12th November 2015. For the value to have increased from £1,495,000 to £2,315,079 over the ten years and eight months to March 2025, the following assumptions must hold true:

• The value of 58 MASSAMS LANE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The November 2015 sale price of £1,495,000 represented a fair market value for the property.
• The size, condition, and specification of 58 MASSAMS LANE has not materially changed since November 2015.

How Large is 58 MASSAMS LANE?

58 MASSAMS LANE is 346m², which includes four extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses houses in Formby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Formby, and where 58 MASSAMS LANE lies on this distribution: 96% of detached houses houses are smaller than 58 MASSAMS LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Formby.

58 MASSAMS LANE: Plot and Title Map

58 MASSAMS LANE sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of 58 MASSAMS 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 58 MASSAMS 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 58 MASSAMS LANE?

58 MASSAMS LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 58 on MASSAMS LANE.