121, RAKE LANE, WALLASEY, CH45 5DH - £86,000

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

121 RAKE LANE is a small detached house of 91m², built sometime before 1900. It was last sold for £86,000 in February 2020, which was around 68% below the average February 2020 detached price in the Wirral local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was C.

121 RAKE LANE Sold Prices

Land registry data shows three sales for 121 RAKE LANE 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 121 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
2020 4 FEB	£86,000	£265,867	68% below HPI
2014 27 JUN	£110,500	£227,347	51% below HPI
2003 15 AUG	£89,950	£159,249	44% below HPI

121 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 three 121 RAKE LANE sales between August 2003 and February 2020 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 June 2014 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2020 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is 121 RAKE LANE?

121 RAKE LANE is 91m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 121 RAKE LANE lies on this distribution: 35% of detached houses are smaller than 121 RAKE LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

121 RAKE LANE: Plot and Title Map

121 RAKE LANE sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 121 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 121 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 121 RAKE LANE?

121 RAKE LANE is located in WALLASEY, in the CH45 postcode district. The below map shows the position of No. 121 on RAKE LANE.