10, EDISON CLOSE, FORMBY, LIVERPOOL, L37 6EX - £360,000

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.

10 EDISON CLOSE is a small detached house of 113m², built in 2013, which could now be worth an estimated £448,997. It was last sold for £360,000 in February 2021, which was around 15% above the average February 2021 detached price in the Sefton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

10 EDISON CLOSE Sold Prices

Land registry data shows two sales for 10 EDISON CLOSE 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 10 EDISON CLOSE 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
2021 9 FEB	£360,000	£311,759	15% above HPI
2015 23 NOV	£309,995	£247,375	25% above HPI

10 EDISON CLOSE 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 10 EDISON CLOSE sales from November 2015 and February 2021 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 2015 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 10 EDISON CLOSE be worth now?

10 EDISON CLOSE might now be worth an estimated £448,997.

This is based on house price inflation of 24.7%, between February 2021 and April 2026, 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 24.7% inflationary increase is applied to the most recent sale price for 10 EDISON CLOSE of £360,000 on 9th February 2021. For the value to have increased from £360,000 to £448,997 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 10 EDISON CLOSE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The February 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 10 EDISON CLOSE has not materially changed since February 2021.

How Large is 10 EDISON CLOSE?

10 EDISON CLOSE is 113m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% 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 10 EDISON CLOSE lies on this distribution: 26% of detached houses houses are smaller than 10 EDISON CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Formby.

10 EDISON CLOSE: Plot and Title Map

10 EDISON CLOSE sits on a plot of roughly 0.932 of an acre, or 3,771m². The below map shows the location of 10 EDISON CLOSE, 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 10 EDISON CLOSE). 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 10 EDISON CLOSE?

10 EDISON CLOSE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 10 on EDISON CLOSE.