117, RAKE LANE, WALLASEY, CH45 5DH - £90,000

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

117 RAKE LANE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £90,000 in July 2017, which was around 65% below the average July 2017 detached price in the Wirral local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

117 RAKE LANE Sold Prices

Land registry data shows two sales for 117 RAKE 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 117 RAKE 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
2017 5 JUL	£90,000	£257,506	65% below HPI
1996 12 APR	£59,500	£75,776	21% below HPI

117 RAKE 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 117 RAKE LANE sales from April 1996 and July 2017 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 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2017 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 117 RAKE LANE?

117 RAKE LANE is 61m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 117 RAKE LANE lies on this distribution: 5% of detached houses are smaller than 117 RAKE LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

117 RAKE LANE: Plot and Title Map

117 RAKE LANE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 117 RAKE 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 117 RAKE 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 117 RAKE LANE?

117 RAKE LANE is located in WALLASEY, in the CH45 postcode district. The below map shows the position of No. 117 on RAKE LANE.