17, EDISON CLOSE, FORMBY, LIVERPOOL, L37 6EX - £298,000

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.

17 EDISON CLOSE is a very small detached house of 90m², built in 2015, which could now be worth an estimated £369,499. It was last sold for £298,000 in June 2021, which was around 5% below the average June 2021 detached price in the Sefton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

17 EDISON CLOSE Sold Prices

Land registry data shows two sales for 17 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. One of the two 17 EDISON CLOSE sales was for below the average price, whilst the other was 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 25 JUN	£298,000	£313,590	5% below HPI
2015 11 SEP	£246,995	£244,398	1% above HPI

17 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 17 EDISON CLOSE sales from September 2015 and June 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 September 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 17 EDISON CLOSE be worth now?

17 EDISON CLOSE might now be worth an estimated £369,499.

This is based on house price inflation of 24%, between June 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% inflationary increase is applied to the most recent sale price for 17 EDISON CLOSE of £298,000 on 25th June 2021. For the value to have increased from £298,000 to £369,499 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 17 EDISON CLOSE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The June 2021 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 17 EDISON CLOSE has not materially changed since June 2021.

How Large is 17 EDISON CLOSE?

17 EDISON CLOSE is 90m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% 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 17 EDISON CLOSE lies on this distribution: 9% of detached houses houses are smaller than 17 EDISON CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Formby.

17 EDISON CLOSE: Plot and Title Map

17 EDISON CLOSE sits on a plot of roughly 0.328 of an acre, or 1,327m². The below map shows the location of 17 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 17 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 17 EDISON CLOSE?

17 EDISON CLOSE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 17 on EDISON CLOSE.