56, REEDS LANE, WIRRAL, CH46 1PP - £199,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

56 REEDS LANE is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £199,950 in June 2004, which was around 3% above the average June 2004 detached price in the Wirral local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

56 REEDS LANE Sold Prices

Land registry data shows two sales for 56 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 56 REEDS LANE 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
2004 11 JUN	£199,950	£193,589	3% above HPI
2000 31 MAR	£117,995	£92,385	28% above HPI

56 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 56 REEDS LANE sales from March 2000 and June 2004 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 March 2000 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2004 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 56 REEDS LANE?

56 REEDS LANE is 135m² according to the EPC inspection conducted in October 2010. This puts it in the largest 30% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 56 REEDS LANE lies on this distribution: 78% of detached houses are smaller than 56 REEDS LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

56 REEDS LANE: Plot and Title Map

56 REEDS LANE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 56 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 56 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 56 REEDS LANE?

56 REEDS LANE is located in WIRRAL, in the CH46 postcode district. The below map shows the position of No. 56 on REEDS LANE.