151, REEDS LANE, WIRRAL, CH46 1ST - £172,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

151 REEDS LANE is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £172,500 in December 2020, which was around 43% below the average December 2020 detached price in the Wirral local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

151 REEDS LANE Sold Prices

Land registry data shows three sales for 151 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. All of the three 151 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
2020 18 DEC	£172,500	£301,235	43% below HPI
2000 29 SEP	£86,000	£100,717	15% below HPI
1997 30 SEP	£58,500	£81,878	29% below HPI

151 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 151 REEDS LANE sales between September 1997 and December 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 September 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 151 REEDS LANE?

151 REEDS LANE is 89m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 151 REEDS LANE lies on this distribution: 33% of detached houses are smaller than 151 REEDS LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

151 REEDS LANE: Plot and Title Map

151 REEDS LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 151 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 151 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 151 REEDS LANE?

151 REEDS LANE is located in WIRRAL, in the CH46 postcode district. The below map shows the position of No. 151 on REEDS LANE.