3, SHERRY LANE, WIRRAL, CH49 5LS - £189,000

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.

3 SHERRY LANE is a small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £243,807. It was last sold for £189,000 in August 2020, which was around 34% below the average August 2020 detached price in the Wirral local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

3 SHERRY LANE Sold Prices

Land registry data shows two sales for 3 SHERRY 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 3 SHERRY 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
2020 17 AUG	£189,000	£288,423	34% below HPI
1997 4 AUG	£48,950	£84,106	42% below HPI

3 SHERRY 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 3 SHERRY LANE sales from August 1997 and August 2020 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 August 1997 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 SHERRY LANE be worth now?

3 SHERRY LANE might now be worth an estimated £243,807.

This is based on house price inflation of 29%, between August 2020 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 29% inflationary increase is applied to the most recent sale price for 3 SHERRY LANE of £189,000 on 17th August 2020. For the value to have increased from £189,000 to £243,807 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 3 SHERRY LANE has moved in line with the HPI for detached houses in the Wirral local authority area.
• The August 2020 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHERRY LANE has not materially changed since August 2020.

How Large is 3 SHERRY LANE?

3 SHERRY LANE is 88m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 SHERRY LANE lies on this distribution: 21% of detached houses houses are smaller than 3 SHERRY LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Birkenhead.

3 SHERRY LANE: Plot and Title Map

3 SHERRY LANE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 SHERRY 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 3 SHERRY 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 3 SHERRY LANE?

3 SHERRY LANE is located in WIRRAL, in the CH49 postcode district. The below map shows the position of No. 3 on SHERRY LANE.