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
8 HEATHERWAYS is a midsized extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £325,000 in June 2017, which was around 21% above the average June 2017 detached price in the Sefton local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 8 HEATHERWAYS since 1st 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 8 HEATHERWAYS sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2017 30 JUN | £325,000 | £269,237 | 21% above HPI |
2013 30 MAY | £184,000 | £227,920 | 19% below HPI |
The below graph shows the average detached house price in the Sefton local authority area over time, sourced from the HPI. The two 8 HEATHERWAYS sales from May 2013 and June 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 May 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2017 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
8 HEATHERWAYS is 142m², which includes two extensions, according to the EPC inspection conducted in April 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 8 HEATHERWAYS lies on this distribution: 52% of detached houses are smaller than 8 HEATHERWAYS, and 47% of houses are larger. Note that EPC data is not available for all properties in Formby.
8 HEATHERWAYS sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 8 HEATHERWAYS, 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 8 HEATHERWAYS). 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.
8 HEATHERWAYS is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 8 on HEATHERWAYS.