8, VERULAM ROAD, SOUTHPORT, PR9 7NR - £268,000

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.

8 VERULAM ROAD is a small extended detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £355,340. It was last sold for £268,000 in August 2020, which was around 7% below the average August 2020 detached price in the Sefton local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 VERULAM ROAD Sold Prices

Land registry data shows two sales for 8 VERULAM 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 Sefton local authority area for the corresponding sale date. Both of the two 8 VERULAM 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
2020 17 AUG	£268,000	£287,349	7% below HPI
2002 8 FEB	£88,000	£127,415	31% below HPI

8 VERULAM ROAD 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 VERULAM ROAD sales from February 2002 and August 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 February 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 VERULAM ROAD be worth now?

8 VERULAM ROAD might now be worth an estimated £355,340.

This is based on house price inflation of 32.6%, between August 2020 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 32.6% inflationary increase is applied to the most recent sale price for 8 VERULAM ROAD of £268,000 on 17th August 2020. For the value to have increased from £268,000 to £355,340 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 8 VERULAM ROAD has moved in line with the HPI for detached houses in the Sefton local authority area.
• The August 2020 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VERULAM ROAD has not materially changed since August 2020.

How Large is 8 VERULAM ROAD?

8 VERULAM ROAD is 103m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses houses in Southport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southport, and where 8 VERULAM ROAD lies on this distribution: 27% of detached houses houses are smaller than 8 VERULAM ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Southport.

8 VERULAM ROAD: Plot and Title Map

8 VERULAM ROAD sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 8 VERULAM 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 8 VERULAM 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 8 VERULAM ROAD?

8 VERULAM ROAD is located in SOUTHPORT, in the PR9 postcode district. The below map shows the position of No. 8 on VERULAM ROAD.