123, REEDS LANE, WIRRAL, CH46 1QT - £380,000

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

123 REEDS LANE is a very large extended detached house of 164m², built sometime between 1900 and 1929. It was last sold for £380,000 in April 2024, which was around 9% above the average April 2024 detached price in the Wirral local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was C.

123 REEDS LANE Sold Prices

Land registry data shows three sales for 123 REEDS 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. One of the three 123 REEDS LANE sales was for above the average price, whilst two 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 23 APR	£380,000	£347,814	9% above HPI
2013 18 DEC	£205,000	£223,946	8% below HPI
2012 13 AUG	£190,000	£223,345	15% below HPI

123 REEDS 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 123 REEDS LANE sales between August 2012 and April 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 December 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 123 REEDS LANE?

123 REEDS LANE is 164m², which includes two extensions, according to the EPC inspection conducted in January 2024. 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 123 REEDS LANE lies on this distribution: 87% of detached houses are smaller than 123 REEDS LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

123 REEDS LANE: Plot and Title Map

123 REEDS LANE sits on a plot of roughly 0.407 of an acre, or 1,646m². The below map shows the location of 123 REEDS 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 123 REEDS 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 123 REEDS LANE?

123 REEDS LANE is located in WIRRAL, in the CH46 postcode district. The below map shows the position of No. 123 on REEDS LANE.