74, RAVEN MEOLS LANE, FORMBY, LIVERPOOL, L37 4DG - £150,000

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.

74 RAVEN MEOLS LANE is a small detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £210,091. It was last sold for £150,000 in August 2018, which was around 45% below the average August 2018 detached price in the Sefton local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was B.

74 RAVEN MEOLS LANE Sold Prices

Land registry data shows two sales for 74 RAVEN MEOLS 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. One of the two 74 RAVEN MEOLS LANE sales was for below the average price, whilst the other was 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
2018 10 AUG	£150,000	£272,021	45% below HPI
1999 3 AUG	£128,000	£101,563	26% above HPI

74 RAVEN MEOLS 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 74 RAVEN MEOLS LANE sales from August 1999 and August 2018 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 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2018 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 74 RAVEN MEOLS LANE be worth now?

74 RAVEN MEOLS LANE might now be worth an estimated £210,091.

This is based on house price inflation of 40.1%, between August 2018 and February 2025, for detached houses, in the Sefton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.1% inflationary increase is applied to the most recent sale price for 74 RAVEN MEOLS LANE of £150,000 on 10th August 2018. For the value to have increased from £150,000 to £210,091 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 74 RAVEN MEOLS LANE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The August 2018 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 74 RAVEN MEOLS LANE has not materially changed since August 2018.

How Large is 74 RAVEN MEOLS LANE?

74 RAVEN MEOLS LANE is 118m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of detached houses houses in Formby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Formby, and where 74 RAVEN MEOLS LANE lies on this distribution: 31% of detached houses houses are smaller than 74 RAVEN MEOLS LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Formby.

74 RAVEN MEOLS LANE: Plot and Title Map

74 RAVEN MEOLS LANE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 74 RAVEN MEOLS 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 74 RAVEN MEOLS 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 74 RAVEN MEOLS LANE?

74 RAVEN MEOLS LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 74 on RAVEN MEOLS LANE.