7, TIMMS CLOSE, FORMBY, LIVERPOOL, L37 7HR - £385,000

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 TIMMS CLOSE is a midsized detached house of 148m², built sometime between 1976 and 1982. It was last sold for £385,000 in July 2017, which was around 42% above the average July 2017 detached price in the Sefton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

7 TIMMS CLOSE Sold Prices

Land registry data shows two sales for 7 TIMMS CLOSE 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 TIMMS CLOSE 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
2017 11 JUL	£385,000	£271,471	42% above HPI
2014 12 DEC	£250,000	£240,731	4% above HPI

7 TIMMS CLOSE 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 TIMMS CLOSE sales from December 2014 and July 2017 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 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2017 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 7 TIMMS CLOSE?

7 TIMMS CLOSE is 148m² according to the EPC inspection conducted in January 2017. This puts it in the largest 50% 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 TIMMS CLOSE lies on this distribution: 57% of detached houses are smaller than 7 TIMMS CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Formby.

7 TIMMS CLOSE: Plot and Title Map

7 TIMMS CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 7 TIMMS CLOSE, 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 TIMMS CLOSE). 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 TIMMS CLOSE?

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