18, WELLS CLOSE, MICKLE TRAFFORD, CHESTER, CH2 4DZ - £188,500

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.

18 WELLS CLOSE is a very small semi-detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £265,717. It was last sold for £188,500 in July 2019, which was about the average July 2019 semi-detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

18 WELLS CLOSE Sold Prices

Land registry data shows four sales for 18 WELLS CLOSE 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 Cheshire West and Chester local authority area for the corresponding sale date. The four 18 WELLS CLOSE sales were a mix of roughly equal to the average price, and 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 22 JUL	£188,500	£189,331	Close to HPI
2007 10 AUG	£174,950	£167,697	4% above HPI
2003 28 FEB	£119,950	£99,500	21% above HPI
1998 12 MAY	£59,000	£56,380	5% above HPI

18 WELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The four 18 WELLS CLOSE sales between May 1998 and July 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 August 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 18 WELLS CLOSE be worth now?

18 WELLS CLOSE might now be worth an estimated £265,717.

This is based on house price inflation of 41%, between July 2019 and May 2026, for semi-detached 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 41% inflationary increase is applied to the most recent sale price for 18 WELLS CLOSE of £188,500 on 22nd July 2019. For the value to have increased from £188,500 to £265,717 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 18 WELLS CLOSE has moved in line with the HPI for semi-detached houses in the Cheshire West and Chester local authority area.
• The July 2019 sale price of £188,500 represented a fair market value for the property.
• The size, condition, and specification of 18 WELLS CLOSE has not materially changed since July 2019.

How Large is 18 WELLS CLOSE?

18 WELLS CLOSE is 88m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of semi-detached houses houses in Mickle Trafford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mickle Trafford, and where 18 WELLS CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 18 WELLS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mickle Trafford.

18 WELLS CLOSE: Plot and Title Map

18 WELLS CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 18 WELLS 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 18 WELLS 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 18 WELLS CLOSE?

18 WELLS CLOSE is located in MICKLE TRAFFORD, in the CH2 postcode district. The below map shows the position of No. 18 on WELLS CLOSE.