5, REDSTONE RISE, PRENTON, CH43 7NT - £485,000

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.

5 REDSTONE RISE is a large detached house of 176m², built sometime between 1996 and 2002, which could now be worth an estimated £650,667. It was last sold for £485,000 in March 2019, which was around 75% above the average March 2019 detached price in the Wirral local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

5 REDSTONE RISE Sold Prices

Land registry data shows five sales for 5 REDSTONE RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wirral local authority area for the corresponding sale date. All of the five 5 REDSTONE RISE 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
2019 22 MAR	£485,000	£277,330	75% above HPI
2015 17 JUL	£412,000	£243,887	69% above HPI
2012 12 APR	£372,500	£227,649	64% above HPI
2004 30 APR	£345,000	£187,983	84% above HPI
1995 22 SEP	£173,000	£78,048	122% above HPI

5 REDSTONE RISE 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 five 5 REDSTONE RISE sales between September 1995 and March 2019 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 July 2015 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the March 2019 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 5 REDSTONE RISE be worth now?

5 REDSTONE RISE might now be worth an estimated £650,667.

This is based on house price inflation of 34.2%, between March 2019 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 34.2% inflationary increase is applied to the most recent sale price for 5 REDSTONE RISE of £485,000 on 22nd March 2019. For the value to have increased from £485,000 to £650,667 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 5 REDSTONE RISE has moved in line with the HPI for detached houses in the Wirral local authority area.
• The March 2019 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDSTONE RISE has not materially changed since March 2019.

How Large is 5 REDSTONE RISE?

5 REDSTONE RISE is 176m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 5 REDSTONE RISE lies on this distribution: 79% of detached houses houses are smaller than 5 REDSTONE RISE, and 20% of houses are larger. Note that EPC data is not available for all properties in Birkenhead.

5 REDSTONE RISE: Plot and Title Map

5 REDSTONE RISE sits on a plot of roughly 0.249 of an acre, or 1,008m². The below map shows the location of 5 REDSTONE RISE, 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 REDSTONE RISE). 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 5 REDSTONE RISE?

5 REDSTONE RISE is located in PRENTON, in the CH43 postcode district. The below map shows the position of No. 5 on REDSTONE RISE.