2, SPENCER AVENUE, MORETON, WIRRAL, CH46 9PL - £175,000

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.

2 SPENCER AVENUE is a midsized extended detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £227,724. It was last sold for £175,000 in November 2018, which was around 38% below the average November 2018 detached price in the Wirral local authority area. The most recent EPC inspection was September 2013, where the current energy rating was F, and the potential energy rating was D.

2 SPENCER AVENUE Sold Prices

Land registry data shows three sales for 2 SPENCER AVENUE 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 2 SPENCER AVENUE 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
2018 30 NOV	£175,000	£282,089	38% below HPI
1999 21 SEP	£44,950	£97,317	54% below HPI
1996 3 JUN	£40,000	£76,392	48% below HPI

2 SPENCER AVENUE 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 2 SPENCER AVENUE sales between June 1996 and November 2018 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 September 1999 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 SPENCER AVENUE be worth now?

2 SPENCER AVENUE might now be worth an estimated £227,724.

This is based on house price inflation of 30.1%, between November 2018 and June 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 30.1% inflationary increase is applied to the most recent sale price for 2 SPENCER AVENUE of £175,000 on 30th November 2018. For the value to have increased from £175,000 to £227,724 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 2 SPENCER AVENUE has moved in line with the HPI for detached houses in the Wirral local authority area.
• The November 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPENCER AVENUE has not materially changed since November 2018.

How Large is 2 SPENCER AVENUE?

2 SPENCER AVENUE is 101m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallasey, and where 2 SPENCER AVENUE lies on this distribution: 45% of detached houses houses are smaller than 2 SPENCER AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

2 SPENCER AVENUE: Plot and Title Map

2 SPENCER AVENUE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 2 SPENCER AVENUE, 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 2 SPENCER AVENUE). 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 2 SPENCER AVENUE?

2 SPENCER AVENUE is located in MORETON, in the CH46 postcode district. The below map shows the position of No. 2 on SPENCER AVENUE.