24, OAKFIELD DRIVE, FORMBY, LIVERPOOL, L37 1NR - £275,000

24 OAKFIELD DRIVE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £275,000 in August 2016, which was around 3% above the average August 2016 detached price in the Sefton local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

24 OAKFIELD DRIVE Sold Prices

Land registry data shows two sales for 24 OAKFIELD 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 Sefton local authority area for the corresponding sale date. Both of the two 24 OAKFIELD DRIVE 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
2016 10 AUG	£275,000	£266,874	3% above HPI
2003 4 SEP	£217,950	£176,799	23% above HPI

24 OAKFIELD DRIVE 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 24 OAKFIELD DRIVE sales from September 2003 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 September 2003 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2016 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 24 OAKFIELD DRIVE?

24 OAKFIELD DRIVE is 80m² according to the EPC inspection conducted in March 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 24 OAKFIELD DRIVE lies on this distribution: 5% of detached houses are smaller than 24 OAKFIELD DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Formby.

24 OAKFIELD DRIVE: Plot and Title Map

24 OAKFIELD DRIVE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 24 OAKFIELD 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 24 OAKFIELD 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 24 OAKFIELD DRIVE?

24 OAKFIELD DRIVE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 24 on OAKFIELD DRIVE.