9, GORSEFIELD, FORMBY, LIVERPOOL, L37 7HE - £227,500

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

9 GORSEFIELD is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £227,500 in February 2019, which was around 20% below the average February 2019 detached price in the Sefton local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

9 GORSEFIELD Sold Prices

Land registry data shows two sales for 9 GORSEFIELD 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 9 GORSEFIELD 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
2019 5 FEB	£227,500	£283,721	20% below HPI
2016 16 DEC	£190,000	£262,880	28% below HPI

9 GORSEFIELD 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 9 GORSEFIELD sales from December 2016 and February 2019 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 December 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 9 GORSEFIELD?

9 GORSEFIELD is 68m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 9 GORSEFIELD lies on this distribution: 2% of detached houses are smaller than 9 GORSEFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Formby.

9 GORSEFIELD: Plot and Title Map

9 GORSEFIELD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 9 GORSEFIELD, 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 9 GORSEFIELD). 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 9 GORSEFIELD?

9 GORSEFIELD is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 9 on GORSEFIELD.