72, BANKS ROAD, BANKS, SOUTHPORT, PR9 8JL - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

72 BANKS ROAD is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2023, which was around 37% below the average August 2023 detached price in the West Lancashire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

72 BANKS ROAD Sold Prices

Land registry data shows two sales for 72 BANKS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. Both of the two 72 BANKS ROAD 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
2023 25 AUG	£220,000	£351,266	37% below HPI
2001 31 AUG	£115,000	£121,270	5% below HPI

72 BANKS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 72 BANKS ROAD sales from August 2001 and August 2023 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 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 72 BANKS ROAD?

72 BANKS ROAD is 83m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Southport, based on EPC data. The below chart shows the distribution of detached houses by size in Southport, and where 72 BANKS ROAD lies on this distribution: 12% of detached houses are smaller than 72 BANKS ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Southport.

72 BANKS ROAD: Plot and Title Map

72 BANKS ROAD sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 72 BANKS ROAD, 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 72 BANKS ROAD). 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 72 BANKS ROAD?

72 BANKS ROAD is located in BANKS, in the PR9 postcode district. The below map shows the position of No. 72 on BANKS ROAD.