8, MERE LANE, WALLASEY, CH45 3HY - £428,000

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

8 MERE LANE is a very large extended detached house of 203m², built sometime between 1900 and 1929. It was last sold for £428,000 in July 2019, which was around 60% above the average July 2019 detached price in the Wirral local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was E.

8 MERE LANE Sold Prices

Land registry data shows three sales for 8 MERE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wirral local authority area for the corresponding sale date. All of the three 8 MERE 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 17 JUL	£428,000	£267,517	60% above HPI
2013 15 JUL	£327,000	£219,219	49% above HPI
1998 9 MAR	£125,000	£82,556	51% above HPI

8 MERE 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 three 8 MERE LANE sales between March 1998 and July 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 2013 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2019 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 8 MERE LANE?

8 MERE LANE is 203m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 8 MERE LANE lies on this distribution: 94% of detached houses are smaller than 8 MERE LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

8 MERE LANE: Plot and Title Map

8 MERE LANE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 8 MERE 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 8 MERE 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 8 MERE LANE?

8 MERE LANE is located in WALLASEY, in the CH45 postcode district. The below map shows the position of No. 8 on MERE LANE.