10, FORMOSA DRIVE, LIVERPOOL, L10 7LE - £100,000

10 FORMOSA DRIVE is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £100,000 in August 2016, which was around 56% below the average August 2016 detached price in the Liverpool local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

10 FORMOSA DRIVE Sold Prices

Land registry data shows two sales for 10 FORMOSA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Liverpool local authority area for the corresponding sale date. Both of the two 10 FORMOSA DRIVE 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
2016 5 AUG	£100,000	£226,255	56% below HPI
2015 12 JAN	£62,000	£210,153	70% below HPI

10 FORMOSA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Liverpool local authority area over time, sourced from the HPI. The two 10 FORMOSA DRIVE sales from January 2015 and August 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 January 2015 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the August 2016 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 10 FORMOSA DRIVE?

10 FORMOSA DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Liverpool, based on EPC data. The below chart shows the distribution of detached houses by size in Liverpool, and where 10 FORMOSA DRIVE lies on this distribution: 32% of detached houses are smaller than 10 FORMOSA DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Liverpool.

10 FORMOSA DRIVE: Plot and Title Map

10 FORMOSA DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 10 FORMOSA DRIVE, 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 FORMOSA DRIVE). 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 FORMOSA DRIVE?

10 FORMOSA DRIVE is located in LIVERPOOL, in the L10 postcode district. The below map shows the position of No. 10 on FORMOSA DRIVE.