142, REEDS LANE, WIRRAL, CH46 1QN - £177,500

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

142 REEDS LANE is a very large extended detached house of 144m², built sometime between 1900 and 1929. It was last sold for £177,500 in March 2006, which was around 18% below the average March 2006 detached price in the Wirral local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

142 REEDS LANE Sold Prices

Land registry data shows two sales for 142 REEDS 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 142 REEDS 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
2006 13 MAR	£177,500	£217,662	18% below HPI
1999 23 DEC	£45,000	£95,012	53% below HPI

142 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 two 142 REEDS LANE sales from December 1999 and March 2006 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 1999 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2006 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 142 REEDS LANE?

142 REEDS LANE is 144m², which includes two extensions, according to the EPC inspection conducted in June 2020. 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 142 REEDS LANE lies on this distribution: 81% of detached houses are smaller than 142 REEDS LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

142 REEDS LANE: Plot and Title Map

142 REEDS LANE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 142 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 142 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 142 REEDS LANE?

142 REEDS LANE is located in WIRRAL, in the CH46 postcode district. The below map shows the position of No. 142 on REEDS LANE.