33, HEATHERWAYS, FORMBY, LIVERPOOL, L37 7HL - £295,000

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.

33 HEATHERWAYS is a very small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £495,722. It was last sold for £295,000 in May 2015, which was around 25% above the average May 2015 detached price in the Sefton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

33 HEATHERWAYS Sold Prices

Land registry data shows two sales for 33 HEATHERWAYS 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 33 HEATHERWAYS 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
2015 15 MAY	£295,000	£235,608	25% above HPI
2001 15 JUN	£137,000	£117,536	17% above HPI

33 HEATHERWAYS 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 33 HEATHERWAYS sales from June 2001 and May 2015 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 June 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 33 HEATHERWAYS be worth now?

33 HEATHERWAYS might now be worth an estimated £495,722.

This is based on house price inflation of 68%, between May 2015 and July 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 68% inflationary increase is applied to the most recent sale price for 33 HEATHERWAYS of £295,000 on 15th May 2015. For the value to have increased from £295,000 to £495,722 over the ten years and ten months to July 2026, the following assumptions must hold true:

• The value of 33 HEATHERWAYS has moved in line with the HPI for detached houses in the Sefton local authority area.
• The May 2015 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 33 HEATHERWAYS has not materially changed since May 2015.

How Large is 33 HEATHERWAYS?

33 HEATHERWAYS is 100m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% 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 33 HEATHERWAYS lies on this distribution: 16% of detached houses houses are smaller than 33 HEATHERWAYS, and 84% of houses are larger. Note that EPC data is not available for all properties in Formby.

33 HEATHERWAYS: Plot and Title Map

33 HEATHERWAYS sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 33 HEATHERWAYS, 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 33 HEATHERWAYS). 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 33 HEATHERWAYS?

33 HEATHERWAYS is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 33 on HEATHERWAYS.