28, TIMMS LANE, FORMBY, LIVERPOOL, L37 7DN - £950,000

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.

28 TIMMS LANE is a very large detached house of 335m², built sometime from 2012 onwards, which could now be worth an estimated £1,214,315. It was last sold for £950,000 in April 2021, which was around 208% above the average April 2021 detached price in the Sefton local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.

28 TIMMS LANE Sold Prices

Land registry data shows three sales for 28 TIMMS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sefton local authority area for the corresponding sale date. All of the three 28 TIMMS LANE 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 30 APR	£950,000	£308,116	208% above HPI
2017 3 APR	£950,000	£259,176	267% above HPI
2012 19 NOV	£800,000	£235,334	240% above HPI

28 TIMMS LANE 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 three 28 TIMMS LANE sales between November 2012 and April 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 April 2017 sale was for 267% above the HPI. So the extrapolation line tracks at 267% above the HPI over time, until the April 2021 sale, where it falls to 208% above the HPI. The line then continues to track at 208% above the HPI.

What might 28 TIMMS LANE be worth now?

28 TIMMS LANE might now be worth an estimated £1,214,315.

This is based on house price inflation of 27.8%, between April 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 27.8% inflationary increase is applied to the most recent sale price for 28 TIMMS LANE of £950,000 on 30th April 2021. For the value to have increased from £950,000 to £1,214,315 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 28 TIMMS LANE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The April 2021 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 28 TIMMS LANE has not materially changed since April 2021.

How Large is 28 TIMMS LANE?

28 TIMMS LANE is 335m² according to the EPC inspection conducted in June 2023. This puts it in the largest 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 28 TIMMS LANE lies on this distribution: 95% of detached houses houses are smaller than 28 TIMMS LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Formby.

28 TIMMS LANE: Plot and Title Map

28 TIMMS LANE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 28 TIMMS LANE, 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 28 TIMMS LANE). 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 28 TIMMS LANE?

28 TIMMS LANE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 28 on TIMMS LANE.