47, ALT ROAD, FORMBY, LIVERPOOL, L37 6DB - £233,500

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.

47 ALT ROAD is a small extended terraced house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £300,703. It was last sold for £233,500 in February 2021, which was around 65% above the average February 2021 terraced price in the Sefton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

47 ALT ROAD Sold Prices

Land registry data shows two sales for 47 ALT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sefton local authority area for the corresponding sale date. Both of the two 47 ALT ROAD 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 16 FEB	£233,500	£141,115	65% above HPI
2014 7 MAY	£181,000	£103,903	74% above HPI

47 ALT ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sefton local authority area over time, sourced from the HPI. The two 47 ALT ROAD sales from May 2014 and February 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 May 2014 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the February 2021 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 47 ALT ROAD be worth now?

47 ALT ROAD might now be worth an estimated £300,703.

This is based on house price inflation of 28.8%, between February 2021 and May 2026, for terraced 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 28.8% inflationary increase is applied to the most recent sale price for 47 ALT ROAD of £233,500 on 16th February 2021. For the value to have increased from £233,500 to £300,703 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 47 ALT ROAD has moved in line with the HPI for terraced houses in the Sefton local authority area.
• The February 2021 sale price of £233,500 represented a fair market value for the property.
• The size, condition, and specification of 47 ALT ROAD has not materially changed since February 2021.

How Large is 47 ALT ROAD?

47 ALT ROAD is 114m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of terraced houses houses in Formby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Formby, and where 47 ALT ROAD lies on this distribution: 27% of terraced houses houses are smaller than 47 ALT ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Formby.

47 ALT ROAD: Plot and Title Map

47 ALT ROAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 47 ALT ROAD, 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 47 ALT ROAD). 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 47 ALT ROAD?

47 ALT ROAD is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 47 on ALT ROAD.