3, MEREBANK, PRENTON, CH43 9WX - £342,500

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.

3 MEREBANK is a midsized detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £450,534. It was last sold for £342,500 in August 2018, which was around 21% above the average August 2018 detached price in the Wirral local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

3 MEREBANK Sold Prices

Land registry data shows three sales for 3 MEREBANK 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 3 MEREBANK 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
2018 6 AUG	£342,500	£282,844	21% above HPI
2014 24 SEP	£285,000	£242,323	18% above HPI
2013 11 MAR	£279,000	£222,635	25% above HPI

3 MEREBANK 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 3 MEREBANK sales between March 2013 and August 2018 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 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2018 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 3 MEREBANK be worth now?

3 MEREBANK might now be worth an estimated £450,534.

This is based on house price inflation of 31.5%, between August 2018 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 31.5% inflationary increase is applied to the most recent sale price for 3 MEREBANK of £342,500 on 6th August 2018. For the value to have increased from £342,500 to £450,534 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 MEREBANK has moved in line with the HPI for detached houses in the Wirral local authority area.
• The August 2018 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MEREBANK has not materially changed since August 2018.

How Large is 3 MEREBANK?

3 MEREBANK is 133m² according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses houses in Birkenhead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birkenhead, and where 3 MEREBANK lies on this distribution: 60% of detached houses houses are smaller than 3 MEREBANK, and 40% of houses are larger. Note that EPC data is not available for all properties in Birkenhead.

3 MEREBANK: Plot and Title Map

3 MEREBANK sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 3 MEREBANK, 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 3 MEREBANK). 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 3 MEREBANK?

3 MEREBANK is located in PRENTON, in the CH43 postcode district. The below map shows the position of No. 3 on MEREBANK.