72, GORES LANE, FORMBY, LIVERPOOL, L37 7DF - £620,894

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

72 GORES LANE is a very large extended detached house of 246m², built sometime before 1900. It was last sold for £620,894 in December 2020, which was around 97% above the average December 2020 detached price in the Sefton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

72 GORES LANE Sold Prices

Land registry data shows two sales for 72 GORES 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 72 GORES 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
2020 14 DEC	£620,894	£315,581	97% above HPI
2019 11 SEP	£625,000	£294,778	112% above HPI

72 GORES 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 72 GORES LANE sales from September 2019 and December 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 September 2019 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the December 2020 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 72 GORES LANE?

72 GORES LANE is 246m², which includes three extensions, according to the EPC inspection conducted in March 2019. 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 72 GORES LANE lies on this distribution: 89% of detached houses are smaller than 72 GORES LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Formby.

72 GORES LANE: Plot and Title Map

72 GORES LANE sits on a plot of roughly 0.254 of an acre, or 1,026m². The below map shows the location of 72 GORES 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 72 GORES 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 72 GORES LANE?

72 GORES LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 72 on GORES LANE.