12, MCFARLANE CLOSE, UPTON, CHESTER, CH2 1NT - £250,000

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.

12 MCFARLANE CLOSE is a midsized terraced house of 110m², built in 2014, which could now be worth an estimated £357,031. It was last sold for £250,000 in May 2019, which was around 69% above the average May 2019 terraced price in the Cheshire West and Chester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

12 MCFARLANE CLOSE Sold Prices

Land registry data shows two sales for 12 MCFARLANE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cheshire West and Chester local authority area for the corresponding sale date. Both of the two 12 MCFARLANE CLOSE 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
2019 21 MAY	£250,000	£147,525	69% above HPI
2015 18 NOV	£249,950	£132,681	88% above HPI

12 MCFARLANE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two 12 MCFARLANE CLOSE sales from November 2015 and May 2019 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 November 2015 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the May 2019 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 12 MCFARLANE CLOSE be worth now?

12 MCFARLANE CLOSE might now be worth an estimated £357,031.

This is based on house price inflation of 42.8%, between May 2019 and July 2026, for terraced houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.8% inflationary increase is applied to the most recent sale price for 12 MCFARLANE CLOSE of £250,000 on 21st May 2019. For the value to have increased from £250,000 to £357,031 over the six years and ten months to July 2026, the following assumptions must hold true:

• The value of 12 MCFARLANE CLOSE has moved in line with the HPI for terraced houses in the Cheshire West and Chester local authority area.
• The May 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MCFARLANE CLOSE has not materially changed since May 2019.

How Large is 12 MCFARLANE CLOSE?

12 MCFARLANE CLOSE is 110m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of terraced houses houses in Chester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chester, and where 12 MCFARLANE CLOSE lies on this distribution: 42% of terraced houses houses are smaller than 12 MCFARLANE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Chester.

12 MCFARLANE CLOSE: Plot and Title Map

12 MCFARLANE CLOSE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 12 MCFARLANE CLOSE, 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 12 MCFARLANE CLOSE). 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 12 MCFARLANE CLOSE?

12 MCFARLANE CLOSE is located in UPTON, in the CH2 postcode district. The below map shows the position of No. 12 on MCFARLANE CLOSE.