31, GRANGEWOOD CLOSE, FORMBY, LIVERPOOL, L37 2FE - £228,000

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.

31 GRANGEWOOD CLOSE is a very small semi-detached house of 75m², built in 2019, which could now be worth an estimated £250,491. It was last sold for £228,000 in November 2023, which was around 3% above the average November 2023 semi-detached price in the Sefton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

31 GRANGEWOOD CLOSE Sold Prices

Land registry data shows two sales for 31 GRANGEWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sefton local authority area for the corresponding sale date. Both of the two 31 GRANGEWOOD CLOSE 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
2023 21 NOV	£228,000	£221,195	3% above HPI
2020 23 OCT	£209,995	£182,102	15% above HPI

31 GRANGEWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sefton local authority area over time, sourced from the HPI. The two 31 GRANGEWOOD CLOSE sales from October 2020 and November 2023 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 October 2020 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 31 GRANGEWOOD CLOSE be worth now?

31 GRANGEWOOD CLOSE might now be worth an estimated £250,491.

This is based on house price inflation of 9.9%, between November 2023 and April 2026, for semi-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 9.9% inflationary increase is applied to the most recent sale price for 31 GRANGEWOOD CLOSE of £228,000 on 21st November 2023. For the value to have increased from £228,000 to £250,491 over the three years and seven months to April 2026, the following assumptions must hold true:

• The value of 31 GRANGEWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Sefton local authority area.
• The November 2023 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GRANGEWOOD CLOSE has not materially changed since November 2023.

How Large is 31 GRANGEWOOD CLOSE?

31 GRANGEWOOD CLOSE is 75m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of semi-detached houses houses in Formby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Formby, and where 31 GRANGEWOOD CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 31 GRANGEWOOD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Formby.

31 GRANGEWOOD CLOSE: Plot and Title Map

31 GRANGEWOOD CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 31 GRANGEWOOD 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 31 GRANGEWOOD 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 31 GRANGEWOOD CLOSE?

31 GRANGEWOOD CLOSE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 31 on GRANGEWOOD CLOSE.