FAIRWAY, TARGET ROAD, WIRRAL, CH60 9LD - £375,000

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.

FAIRWAY is a small extended detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £422,675. It was last sold for £375,000 in December 2021, which was around 14% above the average December 2021 detached price in the Wirral local authority area. The most recent EPC inspection was November 2013, where the current energy rating was F, and the potential energy rating was B.

FAIRWAY Sold Prices

Land registry data shows two sales for FAIRWAY 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 FAIRWAY sales 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
2021 16 DEC	£375,000	£330,095	14% above HPI
2015 26 FEB	£280,000	£237,501	18% above HPI

FAIRWAY 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 FAIRWAY sales from February 2015 and December 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 February 2015 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might FAIRWAY be worth now?

FAIRWAY might now be worth an estimated £422,675.

This is based on house price inflation of 12.7%, between December 2021 and February 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 12.7% inflationary increase is applied to the most recent sale price for FAIRWAY of £375,000 on 16th December 2021. For the value to have increased from £375,000 to £422,675 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of FAIRWAY has moved in line with the HPI for detached houses in the Wirral local authority area.
• The December 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAY has not materially changed since December 2021.

How Large is FAIRWAY?

FAIRWAY is 103m², which includes three extensions, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% 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 FAIRWAY lies on this distribution: 24% of detached houses houses are smaller than FAIRWAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Heswall.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on TARGET ROAD in WIRRAL, in the CH60 postcode district. The below map shows the position of FAIRWAY on TARGET ROAD.