54, REEDS LANE, WIRRAL, CH46 1PP - £165,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

54 REEDS LANE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £165,000 in September 2015, which was around 31% below the average September 2015 detached price in the Wirral local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

54 REEDS LANE Sold Prices

Land registry data shows two sales for 54 REEDS 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 54 REEDS 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
2015 11 SEP	£165,000	£239,656	31% below HPI
2000 9 FEB	£89,995	£93,180	3% below HPI

54 REEDS 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 54 REEDS LANE sales from February 2000 and September 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 February 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 54 REEDS LANE?

54 REEDS LANE is 94m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 54 REEDS LANE lies on this distribution: 38% of detached houses are smaller than 54 REEDS LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

54 REEDS LANE: Plot and Title Map

54 REEDS LANE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 54 REEDS 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 54 REEDS 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 54 REEDS LANE?

54 REEDS LANE is located in WIRRAL, in the CH46 postcode district. The below map shows the position of No. 54 on REEDS LANE.