9, MICHAELS CLOSE, FORMBY, LIVERPOOL, L37 3HU - £405,000

9 MICHAELS CLOSE is a small extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £405,000 in July 2018, which was around 47% above the average July 2018 detached price in the Sefton local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

9 MICHAELS CLOSE Sold Prices

Land registry data shows two sales for 9 MICHAELS CLOSE 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 9 MICHAELS 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
2018 12 JUL	£405,000	£276,225	47% above HPI
2013 13 AUG	£312,000	£233,873	33% above HPI

9 MICHAELS CLOSE 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 9 MICHAELS CLOSE sales from August 2013 and July 2018 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 August 2013 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2018 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 9 MICHAELS CLOSE?

9 MICHAELS CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Formby, based on EPC data. The below chart shows the distribution of detached houses by size in Formby, and where 9 MICHAELS CLOSE lies on this distribution: 36% of detached houses are smaller than 9 MICHAELS CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Formby.

9 MICHAELS CLOSE: Plot and Title Map

9 MICHAELS CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 9 MICHAELS 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 9 MICHAELS 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 9 MICHAELS CLOSE?

9 MICHAELS CLOSE is located in FORMBY, in the L37 postcode district. The below map shows the position of No. 9 on MICHAELS CLOSE.