7, REDMAIN WAY, LIVERPOOL, L12 0LU - £195,000

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.

7 REDMAIN WAY is a small detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £294,034. It was last sold for £195,000 in January 2020, which was around 19% below the average January 2020 detached price in the Liverpool local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

7 REDMAIN WAY Sold Prices

Land registry data shows three sales for 7 REDMAIN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Liverpool local authority area for the corresponding sale date. All of the three 7 REDMAIN WAY 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
2020 6 JAN	£195,000	£241,933	19% below HPI
1998 18 DEC	£59,999	£77,092	22% below HPI
1998 22 OCT	£60,000	£77,902	23% below HPI

7 REDMAIN WAY 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 three 7 REDMAIN WAY sales between October 1998 and January 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 December 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 7 REDMAIN WAY be worth now?

7 REDMAIN WAY might now be worth an estimated £294,034.

This is based on house price inflation of 50.8%, between January 2020 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 50.8% inflationary increase is applied to the most recent sale price for 7 REDMAIN WAY of £195,000 on 6th January 2020. For the value to have increased from £195,000 to £294,034 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 REDMAIN WAY has moved in line with the HPI for detached houses in the Liverpool local authority area.
• The January 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REDMAIN WAY has not materially changed since January 2020.

How Large is 7 REDMAIN WAY?

7 REDMAIN WAY is 103m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% 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 7 REDMAIN WAY lies on this distribution: 37% of detached houses houses are smaller than 7 REDMAIN WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Liverpool.

7 REDMAIN WAY: Plot and Title Map

7 REDMAIN WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 7 REDMAIN WAY, 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 REDMAIN WAY). 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 REDMAIN WAY?

7 REDMAIN WAY is located in LIVERPOOL, in the L12 postcode district. The below map shows the position of No. 7 on REDMAIN WAY.