8, KIRKLAKE BANK, FORMBY, LIVERPOOL, L37 2YJ - £550,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 KIRKLAKE BANK is a large extended detached house of 162m², built sometime between 1976 and 1982. It was last sold for £550,000 in December 2016, which was around 109% above the average December 2016 detached price in the Sefton local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

8 KIRKLAKE BANK Sold Prices

Land registry data shows two sales for 8 KIRKLAKE BANK 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 8 KIRKLAKE BANK 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
2016 2 DEC	£550,000	£262,880	109% above HPI
2011 4 NOV	£280,000	£239,099	17% above HPI

8 KIRKLAKE BANK 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 8 KIRKLAKE BANK sales from November 2011 and December 2016 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 November 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2016 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is 8 KIRKLAKE BANK?

8 KIRKLAKE BANK is 162m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% 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 KIRKLAKE BANK lies on this distribution: 66% of detached houses are smaller than 8 KIRKLAKE BANK, and 34% of houses are larger. Note that EPC data is not available for all properties in Formby.

8 KIRKLAKE BANK: Plot and Title Map

8 KIRKLAKE BANK sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 8 KIRKLAKE BANK, 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 KIRKLAKE BANK). 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 8 KIRKLAKE BANK?

8 KIRKLAKE BANK is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 8 on KIRKLAKE BANK.