5, MARKSWAY, WIRRAL, CH61 9PB - £240,000

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.

5 MARKSWAY is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £297,090. It was last sold for £240,000 in May 2021, which was around 24% below the average May 2021 detached price in the Wirral local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

5 MARKSWAY Sold Prices

Land registry data shows two sales for 5 MARKSWAY 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 5 MARKSWAY 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
2021 21 MAY	£240,000	£314,174	24% below HPI
2000 12 MAY	£80,000	£101,710	21% below HPI

5 MARKSWAY 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 5 MARKSWAY sales from May 2000 and May 2021 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 May 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 MARKSWAY be worth now?

5 MARKSWAY might now be worth an estimated £297,090.

This is based on house price inflation of 23.8%, between May 2021 and April 2026, 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 23.8% inflationary increase is applied to the most recent sale price for 5 MARKSWAY of £240,000 on 21st May 2021. For the value to have increased from £240,000 to £297,090 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 5 MARKSWAY has moved in line with the HPI for detached houses in the Wirral local authority area.
• The May 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARKSWAY has not materially changed since May 2021.

How Large is 5 MARKSWAY?

5 MARKSWAY is 70m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 5 MARKSWAY lies on this distribution: 3% of detached houses houses are smaller than 5 MARKSWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Heswall.

5 MARKSWAY: Plot and Title Map

5 MARKSWAY sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 5 MARKSWAY, 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 5 MARKSWAY). 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 5 MARKSWAY?

5 MARKSWAY is located in WIRRAL, in the CH61 postcode district. The below map shows the position of No. 5 on MARKSWAY.