41, RAKE LANE, WALLASEY, CH45 5DD - £152,500

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.

41 RAKE LANE is a small extended terraced house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £165,583. It was last sold for £152,500 in December 2022, which was around 4% below the average December 2022 terraced price in the Wirral local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

41 RAKE LANE Sold Prices

Land registry data shows three sales for 41 RAKE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wirral local authority area for the corresponding sale date. One of the three 41 RAKE LANE sales was for below the average price, whilst two 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
2022 21 DEC	£152,500	£159,207	4% below HPI
2001 3 AUG	£53,000	£42,847	24% above HPI
2000 11 FEB	£38,500	£36,223	6% above HPI

41 RAKE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wirral local authority area over time, sourced from the HPI. The three 41 RAKE LANE sales between February 2000 and December 2022 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 August 2001 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 41 RAKE LANE be worth now?

41 RAKE LANE might now be worth an estimated £165,583.

This is based on house price inflation of 8.6%, between December 2022 and April 2026, for terraced 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 8.6% inflationary increase is applied to the most recent sale price for 41 RAKE LANE of £152,500 on 21st December 2022. For the value to have increased from £152,500 to £165,583 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 41 RAKE LANE has moved in line with the HPI for terraced houses in the Wirral local authority area.
• The December 2022 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 41 RAKE LANE has not materially changed since December 2022.

How Large is 41 RAKE LANE?

41 RAKE LANE is 95m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of terraced houses houses in Wallasey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wallasey, and where 41 RAKE LANE lies on this distribution: 38% of terraced houses houses are smaller than 41 RAKE LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

41 RAKE LANE: Plot and Title Map

41 RAKE LANE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 41 RAKE 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 41 RAKE 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 41 RAKE LANE?

41 RAKE LANE is located in WALLASEY, in the CH45 postcode district. The below map shows the position of No. 41 on RAKE LANE.