2, PROSPECT VALE, WALLASEY, CH45 6TQ - £180,000

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.

2 PROSPECT VALE is a large detached house of 123m², built sometime before 1900, which could now be worth an estimated £287,921. It was last sold for £180,000 in March 2015, which was around 23% below the average March 2015 detached price in the Wirral local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

2 PROSPECT VALE Sold Prices

Land registry data shows two sales for 2 PROSPECT VALE 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 2 PROSPECT VALE 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 25 MAR	£180,000	£232,602	23% below HPI
1996 28 JUN	£48,000	£76,392	37% below HPI

2 PROSPECT VALE 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 2 PROSPECT VALE sales from June 1996 and March 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 June 1996 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 PROSPECT VALE be worth now?

2 PROSPECT VALE might now be worth an estimated £287,921.

This is based on house price inflation of 60%, between March 2015 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 60% inflationary increase is applied to the most recent sale price for 2 PROSPECT VALE of £180,000 on 25th March 2015. For the value to have increased from £180,000 to £287,921 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 2 PROSPECT VALE has moved in line with the HPI for detached houses in the Wirral local authority area.
• The March 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PROSPECT VALE has not materially changed since March 2015.

How Large is 2 PROSPECT VALE?

2 PROSPECT VALE is 123m² according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallasey, and where 2 PROSPECT VALE lies on this distribution: 68% of detached houses houses are smaller than 2 PROSPECT VALE, and 32% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

2 PROSPECT VALE: Plot and Title Map

2 PROSPECT VALE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 2 PROSPECT VALE, 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 2 PROSPECT VALE). 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 2 PROSPECT VALE?

2 PROSPECT VALE is located in WALLASEY, in the CH45 postcode district. The below map shows the position of No. 2 on PROSPECT VALE.