1, GILBERT CLOSE, FORMBY, LIVERPOOL, L37 6FA - £305,000

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.

1 GILBERT CLOSE is a small detached house of 120m², built in 2013, which could now be worth an estimated £459,742. It was last sold for £305,000 in September 2016, which was around 16% above the average September 2016 detached price in the Sefton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was B.

1 GILBERT CLOSE Sold Prices

Land registry data shows one sale for 1 GILBERT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2016 23 SEP	£305,000	£262,659	16% above HPI

What might 1 GILBERT CLOSE be worth now?

1 GILBERT CLOSE might now be worth an estimated £459,742.

This is based on house price inflation of 50.7%, between September 2016 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 50.7% inflationary increase is applied to the most recent sale price for 1 GILBERT CLOSE of £305,000 on 23rd September 2016. For the value to have increased from £305,000 to £459,742 over the ten years and two months to July 2026, the following assumptions must hold true:

• The value of 1 GILBERT CLOSE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The September 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GILBERT CLOSE has not materially changed since September 2016.

How Large is 1 GILBERT CLOSE?

1 GILBERT CLOSE is 120m² according to the EPC inspection conducted in August 2015. 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 1 GILBERT CLOSE lies on this distribution: 33% of detached houses are smaller than 1 GILBERT CLOSE, and 65% of detached houses are larger. Note that EPC data is not available for all properties in Formby.

1 GILBERT CLOSE: Plot

1 GILBERT CLOSE sits on a plot of roughly 0.328 of an acre, or 1,327m².

Where is 1 GILBERT CLOSE?

1 GILBERT CLOSE is located in FORMBY, in the L37 postcode district.