180, REEDS LANE, WIRRAL, CH46 1QR - £180,000

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

180 REEDS LANE is a very small detached house of 78m², built sometime between 1900 and 1929. It was last sold for £180,000 in June 2023, which was around 48% below the average June 2023 detached price in the Wirral local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

180 REEDS LANE Sold Prices

Land registry data shows two sales for 180 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 180 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
2023 19 JUN	£180,000	£348,309	48% below HPI
2012 1 NOV	£117,000	£221,530	47% below HPI

180 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 180 REEDS LANE sales from November 2012 and June 2023 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 November 2012 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 180 REEDS LANE?

180 REEDS LANE is 78m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 180 REEDS LANE lies on this distribution: 19% of detached houses are smaller than 180 REEDS LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

180 REEDS LANE: Plot and Title Map

180 REEDS LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 180 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 180 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 180 REEDS LANE?

180 REEDS LANE is located in WIRRAL, in the CH46 postcode district. The below map shows the position of No. 180 on REEDS LANE.