56, WELL LANE, HESWALL, WIRRAL, CH60 8NG - £725,000

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.

56 WELL LANE is a very small extended detached house of 87m², built sometime between 1900 and 1929, which could now be worth an estimated £947,069. It was last sold for £725,000 in October 2019, which was around 155% above the average October 2019 detached price in the Wirral local authority area. The most recent EPC inspection was March 2011, where the current energy rating was G, and the potential energy rating was G.

56 WELL LANE Sold Prices

Land registry data shows two sales for 56 WELL 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 WELL 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
2019 10 OCT	£725,000	£284,820	155% above HPI
2012 2 MAR	£300,000	£225,426	33% above HPI

56 WELL 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 WELL LANE sales from March 2012 and October 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 March 2012 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2019 sale, where it rises to 155% above the HPI. The line then continues to track at 155% above the HPI.

What might 56 WELL LANE be worth now?

56 WELL LANE might now be worth an estimated £947,069.

This is based on house price inflation of 30.6%, between October 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 30.6% inflationary increase is applied to the most recent sale price for 56 WELL LANE of £725,000 on 10th October 2019. For the value to have increased from £725,000 to £947,069 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 56 WELL LANE has moved in line with the HPI for detached houses in the Wirral local authority area.
• The October 2019 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 56 WELL LANE has not materially changed since October 2019.

How Large is 56 WELL LANE?

56 WELL LANE is 87m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses houses in Heswall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heswall, and where 56 WELL LANE lies on this distribution: 13% of detached houses houses are smaller than 56 WELL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Heswall.

56 WELL LANE: Plot and Title Map

56 WELL LANE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 56 WELL 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 WELL 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 WELL LANE?

56 WELL LANE is located in HESWALL, in the CH60 postcode district. The below map shows the position of No. 56 on WELL LANE.