81, MILLHOUSE LANE, MORETON, WIRRAL, CH46 6EF - £120,000

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

81 MILLHOUSE LANE is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £120,000 in November 2015, which was around 50% below the average November 2015 detached price in the Wirral local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

81 MILLHOUSE LANE Sold Prices

Land registry data shows two sales for 81 MILLHOUSE 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 81 MILLHOUSE 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 2 NOV	£120,000	£241,700	50% below HPI
2000 10 MAR	£43,500	£92,385	53% below HPI

81 MILLHOUSE 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 81 MILLHOUSE LANE sales from March 2000 and November 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 March 2000 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2015 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 81 MILLHOUSE LANE?

81 MILLHOUSE LANE is 56m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 81 MILLHOUSE LANE lies on this distribution: 3% of detached houses are smaller than 81 MILLHOUSE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

81 MILLHOUSE LANE: Plot and Title Map

81 MILLHOUSE LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 81 MILLHOUSE 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 81 MILLHOUSE 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 81 MILLHOUSE LANE?

81 MILLHOUSE LANE is located in MORETON, in the CH46 postcode district. The below map shows the position of No. 81 on MILLHOUSE LANE.