15, TURNACRE, FORMBY, LIVERPOOL, L37 7HD - £350,000

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.

15 TURNACRE is a small detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £445,192. It was last sold for £350,000 in March 2021, which was around 13% above the average March 2021 detached price in the Sefton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

15 TURNACRE Sold Prices

Land registry data shows two sales for 15 TURNACRE 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 15 TURNACRE 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 5 MAR	£350,000	£309,630	13% above HPI
2000 24 MAR	£121,500	£103,130	18% above HPI

15 TURNACRE 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 15 TURNACRE sales from March 2000 and March 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 March 2000 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 15 TURNACRE be worth now?

15 TURNACRE might now be worth an estimated £445,192.

This is based on house price inflation of 27.2%, between March 2021 and May 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 27.2% inflationary increase is applied to the most recent sale price for 15 TURNACRE of £350,000 on 5th March 2021. For the value to have increased from £350,000 to £445,192 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 15 TURNACRE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The March 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TURNACRE has not materially changed since March 2021.

How Large is 15 TURNACRE?

15 TURNACRE is 115m² according to the EPC inspection conducted in September 2020. 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 15 TURNACRE lies on this distribution: 29% of detached houses houses are smaller than 15 TURNACRE, and 71% of houses are larger. Note that EPC data is not available for all properties in Formby.

15 TURNACRE: Plot and Title Map

15 TURNACRE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 15 TURNACRE, 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 15 TURNACRE). 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 15 TURNACRE?

15 TURNACRE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 15 on TURNACRE.