1, MILLHOUSE LANE, MORETON, WIRRAL, CH46 6HL - £191,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MILLHOUSE LANE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £191,000 in April 2023, which was around 45% below the average April 2023 detached price in the Wirral local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

1 MILLHOUSE LANE Sold Prices

Land registry data shows two sales for 1 MILLHOUSE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wirral local authority area for the corresponding sale date. Both of the two 1 MILLHOUSE LANE 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
2023 26 APR	£191,000	£344,680	45% below HPI
2005 15 DEC	£135,000	£215,915	37% below HPI

1 MILLHOUSE LANE 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 two 1 MILLHOUSE LANE sales from December 2005 and April 2023 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 December 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 1 MILLHOUSE LANE?

1 MILLHOUSE LANE is 72m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 1 MILLHOUSE LANE lies on this distribution: 13% of detached houses are smaller than 1 MILLHOUSE LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

1 MILLHOUSE LANE: Plot and Title Map

1 MILLHOUSE LANE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 1 MILLHOUSE LANE, 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 MILLHOUSE LANE). 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 MILLHOUSE LANE?

1 MILLHOUSE LANE is located in MORETON, in the CH46 postcode district. The below map shows the position of No. 1 on MILLHOUSE LANE.