192, REEDS LANE, WIRRAL, CH46 1QR - £185,000

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

192 REEDS LANE is a midsized detached house of 97m², built sometime between 1996 and 2002. It was last sold for £185,000 in August 2015, which was around 23% below the average August 2015 detached price in the Wirral local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

192 REEDS LANE Sold Prices

Land registry data shows three sales for 192 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 192 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
2015 26 AUG	£185,000	£239,095	23% below HPI
2002 16 DEC	£118,000	£139,568	15% below HPI
2000 24 NOV	£92,500	£104,101	11% below HPI

192 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 192 REEDS LANE sales between November 2000 and August 2015 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 192 REEDS LANE?

192 REEDS LANE is 97m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 192 REEDS LANE lies on this distribution: 41% of detached houses are smaller than 192 REEDS LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

192 REEDS LANE: Plot and Title Map

192 REEDS LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 192 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 192 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 192 REEDS LANE?

192 REEDS LANE is located in WIRRAL, in the CH46 postcode district. The below map shows the position of No. 192 on REEDS LANE.