55, MILL LANE, GREASBY, WIRRAL, CH49 3NR - £197,000

55 MILL LANE is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £197,000 in March 2016, which was around 18% below the average March 2016 detached price in the Wirral local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

55 MILL LANE Sold Prices

Land registry data shows two sales for 55 MILL LANE 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 55 MILL LANE 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
2016 10 MAR	£197,000	£241,119	18% below HPI
2011 26 MAY	£152,000	£222,113	32% below HPI

55 MILL 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 two 55 MILL LANE sales from May 2011 and March 2016 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 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 55 MILL LANE?

55 MILL LANE is 70m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Greasby, based on EPC data. The below chart shows the distribution of detached houses by size in Greasby, and where 55 MILL LANE lies on this distribution: 15% of detached houses are smaller than 55 MILL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Greasby.

55 MILL LANE: Plot and Title Map

55 MILL LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 55 MILL 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 55 MILL 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 55 MILL LANE?

55 MILL LANE is located in GREASBY, in the CH49 postcode district. The below map shows the position of No. 55 on MILL LANE.