6, RYDAL AVENUE, FORMBY, LIVERPOOL, L37 2LD - £352,000

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.

6 RYDAL AVENUE is a large extended detached house of 155m², built sometime between 1967 and 1975, which could now be worth an estimated £521,396. It was last sold for £352,000 in July 2017, which was around 32% above the average July 2017 detached price in the Sefton local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

6 RYDAL AVENUE Sold Prices

Land registry data shows three sales for 6 RYDAL AVENUE 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 6 RYDAL AVENUE 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
2017 12 JUL	£352,000	£265,887	32% above HPI
2006 24 MAR	£315,000	£233,742	35% above HPI
2003 25 SEP	£235,000	£173,162	36% above HPI

6 RYDAL AVENUE 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 6 RYDAL AVENUE sales between September 2003 and July 2017 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 March 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2017 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 6 RYDAL AVENUE be worth now?

6 RYDAL AVENUE might now be worth an estimated £521,396.

This is based on house price inflation of 48.1%, between July 2017 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 48.1% inflationary increase is applied to the most recent sale price for 6 RYDAL AVENUE of £352,000 on 12th July 2017. For the value to have increased from £352,000 to £521,396 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 6 RYDAL AVENUE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The July 2017 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RYDAL AVENUE has not materially changed since July 2017.

How Large is 6 RYDAL AVENUE?

6 RYDAL AVENUE is 155m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% 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 6 RYDAL AVENUE lies on this distribution: 62% of detached houses houses are smaller than 6 RYDAL AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Formby.

Where is 6 RYDAL AVENUE?

6 RYDAL AVENUE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 6 on RYDAL AVENUE.