7, EDISON CLOSE, FORMBY, LIVERPOOL, L37 6EX - £85,000

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.

7 EDISON CLOSE is a very small semi-detached house of 74m², built in 2013, which could now be worth an estimated £145,073. It was last sold for £85,000 in June 2015, which was around 41% below the average June 2015 semi-detached price in the Sefton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was A.

7 EDISON CLOSE Sold Prices

Land registry data shows one sale for 7 EDISON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Sefton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 22 JUN	£85,000	£144,697	41% below HPI

What might 7 EDISON CLOSE be worth now?

7 EDISON CLOSE might now be worth an estimated £145,073.

This is based on house price inflation of 70.7%, between June 2015 and May 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 70.7% inflationary increase is applied to the most recent sale price for 7 EDISON CLOSE of £85,000 on 22nd June 2015. For the value to have increased from £85,000 to £145,073 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 7 EDISON CLOSE has moved in line with the HPI for semi-detached houses in the Sefton local authority area.
• The June 2015 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EDISON CLOSE has not materially changed since June 2015.

How Large is 7 EDISON CLOSE?

7 EDISON CLOSE is 74m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of semi-detached houses in Formby, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Formby, and where 7 EDISON CLOSE lies on this distribution: 11% of semi-detached houses are smaller than 7 EDISON CLOSE, and 87% of semi-detached houses are larger. Note that EPC data is not available for all properties in Formby.

7 EDISON CLOSE: Plot

7 EDISON CLOSE sits on a plot of roughly 0.047 of an acre, or 190m².

Where is 7 EDISON CLOSE?

7 EDISON CLOSE is located in FORMBY, in the L37 postcode district.