48, REEDS LANE, WIRRAL, CH46 1PP - £246,000

48 REEDS LANE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £246,000 in July 2020, which was around 8% below the average July 2020 detached price in the Wirral local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

48 REEDS LANE Sold Prices

Land registry data shows three sales for 48 REEDS LANE 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. The three 48 REEDS LANE sales were a mix of below the average price, roughly equal to the average price, and 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
2020 23 JUL	£246,000	£267,551	8% below HPI
2014 17 FEB	£219,950	£221,007	Close to HPI
2000 7 JAN	£117,995	£94,972	24% above HPI

48 REEDS 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 three 48 REEDS LANE sales between January 2000 and July 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 February 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 48 REEDS LANE?

48 REEDS LANE is 130m² according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses in Wallasey, based on EPC data. The below chart shows the distribution of detached houses by size in Wallasey, and where 48 REEDS LANE lies on this distribution: 74% of detached houses are smaller than 48 REEDS LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wallasey.

48 REEDS LANE: Plot and Title Map

48 REEDS LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 48 REEDS 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 48 REEDS 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 48 REEDS LANE?

48 REEDS LANE is located in WIRRAL, in the CH46 postcode district. The below map shows the position of No. 48 on REEDS LANE.