1, MILES CLOSE, WIRRAL, CH49 3AD - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MILES CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £345,750. It was last sold for £250,000 in January 2018, which was around 7% below the average January 2018 detached price in the Wirral local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

1 MILES CLOSE Sold Prices

Land registry data shows three sales for 1 MILES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wirral local authority area for the corresponding sale date. All of the three 1 MILES CLOSE sales were for below 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 5 JAN	£250,000	£268,254	7% below HPI
2013 27 SEP	£195,000	£234,138	17% below HPI
2003 16 SEP	£164,950	£170,409	3% below HPI

1 MILES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wirral local authority area over time, sourced from the HPI. The three 1 MILES CLOSE sales between September 2003 and January 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 September 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 MILES CLOSE be worth now?

1 MILES CLOSE might now be worth an estimated £345,750.

This is based on house price inflation of 38.3%, between January 2018 and December 2024, for detached houses, in the Wirral local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.3% inflationary increase is applied to the most recent sale price for 1 MILES CLOSE of £250,000 on 5th January 2018. For the value to have increased from £250,000 to £345,750 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 1 MILES CLOSE has moved in line with the HPI for detached houses in the Wirral local authority area.
• The January 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILES CLOSE has not materially changed since January 2018.

How Large is 1 MILES CLOSE?

1 MILES CLOSE is 75m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses houses in Greasby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greasby, and where 1 MILES CLOSE lies on this distribution: 17% of detached houses houses are smaller than 1 MILES CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Greasby.

1 MILES CLOSE: Plot and Title Map

1 MILES CLOSE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 1 MILES 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 1 MILES 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 1 MILES CLOSE?

1 MILES CLOSE is located in WIRRAL, in the CH49 postcode district. The below map shows the position of No. 1 on MILES CLOSE.