3, SPARKS LANE, HESWALL, WIRRAL, CH61 7XE - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 SPARKS LANE is a small extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £315,000 in March 2015, which was around 40% above the average March 2015 detached price in the Wirral local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

3 SPARKS LANE Sold Prices

Land registry data shows three sales for 3 SPARKS 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. Two of the three 3 SPARKS LANE sales were for above the average price, whilst one was 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 16 MAR	£315,000	£225,010	40% above HPI
2005 11 NOV	£260,000	£216,841	20% above HPI
1996 7 MAR	£75,500	£76,635	1% below HPI

3 SPARKS 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 3 SPARKS LANE sales between March 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 November 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2015 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 3 SPARKS LANE?

3 SPARKS LANE is 113m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Heswall, based on EPC data. The below chart shows the distribution of detached houses by size in Heswall, and where 3 SPARKS LANE lies on this distribution: 34% of detached houses are smaller than 3 SPARKS LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Heswall.

3 SPARKS LANE: Plot and Title Map

3 SPARKS LANE sits on a plot of roughly 0.211 of an acre, or 853m². The below map shows the location of 3 SPARKS 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 SPARKS 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 SPARKS LANE?

3 SPARKS LANE is located in HESWALL, in the CH61 postcode district. The below map shows the position of No. 3 on SPARKS LANE.