7, GRANGE LANE, FORMBY, LIVERPOOL, L37 7BR - £410,000

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

7 GRANGE LANE is a very large extended detached house of 203m², built sometime between 1967 and 1975. It was last sold for £410,000 in December 2006, which was around 60% above the average December 2006 detached price in the Sefton local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

7 GRANGE LANE Sold Prices

Land registry data shows two sales for 7 GRANGE 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 7 GRANGE 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
2006 4 DEC	£410,000	£256,526	60% above HPI
1995 15 AUG	£135,000	£87,539	54% above HPI

7 GRANGE 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 7 GRANGE LANE sales from August 1995 and December 2006 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 1995 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the December 2006 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 7 GRANGE LANE?

7 GRANGE LANE is 203m², which includes two extensions, according to the EPC inspection conducted in May 2020. 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 7 GRANGE LANE lies on this distribution: 82% of detached houses are smaller than 7 GRANGE LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Formby.

7 GRANGE LANE: Plot and Title Map

7 GRANGE LANE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 7 GRANGE 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 7 GRANGE 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 7 GRANGE LANE?

7 GRANGE LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 7 on GRANGE LANE.