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
5 MILLHOUSE LANE is a very small extended detached house of 71m², built sometime between 1976 and 1982. It was last sold for £58,500 in October 1999, which was around 38% below the average October 1999 detached price in the Wirral local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 MILLHOUSE LANE since 1st 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 5 MILLHOUSE 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 |
---|---|---|---|
1999 15 OCT | £58,500 | £94,245 | 38% below HPI |
1995 22 AUG | £60,000 | £74,966 | 20% below HPI |
The below graph shows the average detached house price in the Wirral local authority area over time, sourced from the HPI. The two 5 MILLHOUSE LANE sales from August 1995 and October 1999 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 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 1999 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
5 MILLHOUSE LANE is 71m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 5 MILLHOUSE LANE lies on this distribution: 12% of detached houses are smaller than 5 MILLHOUSE LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wallasey.
5 MILLHOUSE LANE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 MILLHOUSE 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 5 MILLHOUSE 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.
5 MILLHOUSE LANE is located in MORETON, in the CH46 postcode district. The below map shows the position of No. 5 on MILLHOUSE LANE.