2, SPRINGFIELD CLOSE, FORMBY, LIVERPOOL, L37 2LL - £237,950

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.

2 SPRINGFIELD CLOSE is a small extended detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £404,912. It was last sold for £237,950 in April 2014, which was around 4% above the average April 2014 detached price in the Sefton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

2 SPRINGFIELD CLOSE Sold Prices

Land registry data shows one sale for 2 SPRINGFIELD 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
2014 4 APR	£237,950	£228,499	4% above HPI

What might 2 SPRINGFIELD CLOSE be worth now?

2 SPRINGFIELD CLOSE might now be worth an estimated £404,912.

This is based on house price inflation of 70.2%, between April 2014 and April 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 70.2% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD CLOSE of £237,950 on 4th April 2014. For the value to have increased from £237,950 to £404,912 over the twelve years to April 2026, the following assumptions must hold true:

• The value of 2 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Sefton local authority area.
• The April 2014 sale price of £237,950 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD CLOSE has not materially changed since April 2014.

How Large is 2 SPRINGFIELD CLOSE?

2 SPRINGFIELD CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 2 SPRINGFIELD CLOSE lies on this distribution: 35% of detached houses are smaller than 2 SPRINGFIELD CLOSE, and 64% of detached houses are larger. Note that EPC data is not available for all properties in Formby.

2 SPRINGFIELD CLOSE: Plot

2 SPRINGFIELD CLOSE sits on a plot of roughly 0.089 of an acre, or 359m².

Where is 2 SPRINGFIELD CLOSE?

2 SPRINGFIELD CLOSE is located in FORMBY, in the L37 postcode district.