56, RAKE LANE, WALLASEY, CH45 5DE - £112,000

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.

56 RAKE LANE is a midsized semi-detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £174,633. It was last sold for £112,000 in February 2017, which was around 29% below the average February 2017 semi-detached price in the Wirral local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

56 RAKE LANE Sold Prices

Land registry data shows four sales for 56 RAKE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Wirral local authority area for the corresponding sale date. All of the four 56 RAKE 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
2017 22 FEB	£112,000	£158,572	29% below HPI
2015 23 APR	£112,000	£145,350	23% below HPI
2015 23 APR	£62,400	£145,350	57% below HPI
2014 19 DEC	£60,000	£149,331	60% below HPI

What might 56 RAKE LANE be worth now?

56 RAKE LANE might now be worth an estimated £174,633.

This is based on house price inflation of 55.9%, between February 2017 and May 2026, for semi-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 55.9% inflationary increase is applied to the most recent sale price for 56 RAKE LANE of £112,000 on 22nd February 2017. For the value to have increased from £112,000 to £174,633 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 56 RAKE LANE has moved in line with the HPI for semi-detached houses in the Wirral local authority area.
• The February 2017 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 56 RAKE LANE has not materially changed since February 2017.

How Large is 56 RAKE LANE?

56 RAKE LANE is 98m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of semi-detached houses in Wallasey, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Wallasey, and where 56 RAKE LANE lies on this distribution: 48% of semi-detached houses are smaller than 56 RAKE LANE, and 51% of semi-detached houses are larger. Note that EPC data is not available for all properties in Wallasey.

56 RAKE LANE: Plot

56 RAKE LANE sits on a plot of roughly 0.064 of an acre, or 258m².

Where is 56 RAKE LANE?

56 RAKE LANE is located in WALLASEY, in the CH45 postcode district.