8, PINEWAY, WIRRAL, CH60 6RP - £328,000

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.

8 PINEWAY is a small detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £411,716. It was last sold for £328,000 in September 2020, which was around 10% above the average September 2020 detached price in the Wirral local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

8 PINEWAY Sold Prices

Land registry data shows two sales for 8 PINEWAY 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. One of the two 8 PINEWAY sales was for above the average price, whilst the other was 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
2020 28 SEP	£328,000	£298,984	10% above HPI
2009 22 OCT	£220,000	£232,280	5% below HPI

8 PINEWAY 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 8 PINEWAY sales from October 2009 and September 2020 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 October 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 8 PINEWAY be worth now?

8 PINEWAY might now be worth an estimated £411,716.

This is based on house price inflation of 25.5%, between September 2020 and March 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 25.5% inflationary increase is applied to the most recent sale price for 8 PINEWAY of £328,000 on 28th September 2020. For the value to have increased from £328,000 to £411,716 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 8 PINEWAY has moved in line with the HPI for detached houses in the Wirral local authority area.
• The September 2020 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PINEWAY has not materially changed since September 2020.

How Large is 8 PINEWAY?

8 PINEWAY is 113m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% 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 8 PINEWAY lies on this distribution: 33% of detached houses houses are smaller than 8 PINEWAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Heswall.

8 PINEWAY: Plot and Title Map

8 PINEWAY sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 8 PINEWAY, 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 PINEWAY). 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 PINEWAY?

8 PINEWAY is located in WIRRAL, in the CH60 postcode district. The below map shows the position of No. 8 on PINEWAY.