16, GILLS LANE, WIRRAL, CH61 1AD - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 GILLS LANE is a midsized extended detached house of 143m², built sometime before 1900, which could now be worth an estimated £477,546. It was last sold for £435,000 in February 2022, which was around 28% above the average February 2022 detached price in the Wirral local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

16 GILLS LANE Sold Prices

Land registry data shows three sales for 16 GILLS 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 16 GILLS LANE sales were for above 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
2022 4 FEB	£435,000	£338,913	28% above HPI
2017 17 FEB	£370,000	£258,691	43% above HPI
2002 19 JUL	£210,000	£134,637	56% above HPI

16 GILLS 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 16 GILLS LANE sales between July 2002 and February 2022 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 February 2017 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 16 GILLS LANE be worth now?

16 GILLS LANE might now be worth an estimated £477,546.

This is based on house price inflation of 9.8%, between February 2022 and February 2025, for detached houses, in the Wirral local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for 16 GILLS LANE of £435,000 on 4th February 2022. For the value to have increased from £435,000 to £477,546 over the three years to February 2025, the following assumptions must hold true:

• The value of 16 GILLS LANE has moved in line with the HPI for detached houses in the Wirral local authority area.
• The February 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GILLS LANE has not materially changed since February 2022.

How Large is 16 GILLS LANE?

16 GILLS LANE is 143m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses houses in Heswall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heswall, and where 16 GILLS LANE lies on this distribution: 56% of detached houses houses are smaller than 16 GILLS LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Heswall.

16 GILLS LANE: Plot and Title Map

16 GILLS LANE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 16 GILLS 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 16 GILLS 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 16 GILLS LANE?

16 GILLS LANE is located in WIRRAL, in the CH61 postcode district. The below map shows the position of No. 16 on GILLS LANE.