FLAT 4, RIVERBANK HOUSE, 31, RIVERBANK ROAD, HESWALL, WIRRAL, CH60 4SQ - £400,000

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.

FLAT 4 RIVERBANK HOUSE is a very large detached house of 344m², built sometime between 1996 and 2002, which could now be worth an estimated £1,217,262. It was last sold for £400,000 in March 2002, which was around 224% above the average March 2002 detached price in the Wirral local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

FLAT 4 RIVERBANK HOUSE Sold Prices

Land registry data shows two sales for FLAT 4 RIVERBANK HOUSE 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 FLAT 4 RIVERBANK HOUSE 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
2002 28 MAR	£400,000	£123,324	224% above HPI
2001 5 JAN	£320,000	£106,315	201% above HPI

FLAT 4 RIVERBANK HOUSE 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 FLAT 4 RIVERBANK HOUSE sales from January 2001 and March 2002 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 January 2001 sale was for 201% above the HPI. So the extrapolation line tracks at 201% above the HPI over time, until the March 2002 sale, where it rises to 224% above the HPI. The line then continues to track at 224% above the HPI.

What might FLAT 4 RIVERBANK HOUSE be worth now?

FLAT 4 RIVERBANK HOUSE might now be worth an estimated £1,217,262.

This is based on house price inflation of 204.3%, between March 2002 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 204.3% inflationary increase is applied to the most recent sale price for FLAT 4 RIVERBANK HOUSE of £400,000 on 28th March 2002. For the value to have increased from £400,000 to £1,217,262 over the 23 years to March 2025, the following assumptions must hold true:

• The value of FLAT 4 RIVERBANK HOUSE has moved in line with the HPI for detached houses in the Wirral local authority area.
• The March 2002 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 RIVERBANK HOUSE has not materially changed since March 2002.

How Large is FLAT 4 RIVERBANK HOUSE?

FLAT 4 RIVERBANK HOUSE is 344m² according to the EPC inspection conducted in April 2011. This puts it in the largest 10% 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 FLAT 4 RIVERBANK HOUSE lies on this distribution: 98% of detached houses houses are smaller than FLAT 4 RIVERBANK HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Heswall.

FLAT 4 RIVERBANK HOUSE: Plot and Title Map

FLAT 4 RIVERBANK HOUSE sits on a plot of roughly 0.759 of an acre, or 3,072m². The below map shows the location of FLAT 4 RIVERBANK HOUSE, 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 FLAT 4 RIVERBANK HOUSE). 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 FLAT 4 RIVERBANK HOUSE?

FLAT 4, RIVERBANK HOUSE is located on RIVERBANK ROAD in HESWALL, in the CH60 postcode district. The below map shows the position of FLAT 4, RIVERBANK HOUSE on RIVERBANK ROAD.