Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
114 MILLHOUSE LANE is a very large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £280,000 in March 2024, which was around 20% below the average March 2024 detached price in the Wirral local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 114 MILLHOUSE LANE since 1st 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 114 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 |
---|---|---|---|
2024 28 MAR | £280,000 | £350,055 | 20% below HPI |
2018 13 APR | £180,000 | £258,790 | 30% below HPI |
2000 20 JUN | £83,500 | £99,772 | 16% below HPI |
The below graph shows the average detached house price in the Wirral local authority area over time, sourced from the HPI. The three 114 MILLHOUSE LANE sales between June 2000 and March 2024 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 April 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
114 MILLHOUSE LANE is 152m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 114 MILLHOUSE LANE lies on this distribution: 83% of detached houses are smaller than 114 MILLHOUSE LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Wallasey.
114 MILLHOUSE LANE sits on a plot of roughly 0.099 of an acre, or 403m². The below map shows the location of 114 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 114 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.
114 MILLHOUSE LANE is located in MORETON, in the CH46 postcode district. The below map shows the position of No. 114 on MILLHOUSE LANE.