2, REGAL CLOSE, NORTHWICH, CW9 8WF - £340,000

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.

2 REGAL CLOSE is a midsized detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £494,763. It was last sold for £340,000 in February 2017, which was around 15% above the average February 2017 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

2 REGAL CLOSE Sold Prices

Land registry data shows three sales for 2 REGAL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the three 2 REGAL 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
2017 17 FEB	£340,000	£294,622	15% above HPI
2011 21 DEC	£280,000	£250,879	12% above HPI
1998 23 OCT	£129,950	£104,670	24% above HPI

2 REGAL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The three 2 REGAL CLOSE sales between October 1998 and February 2017 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 December 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 REGAL CLOSE be worth now?

2 REGAL CLOSE might now be worth an estimated £494,763.

This is based on house price inflation of 45.5%, between February 2017 and February 2025, for 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 45.5% inflationary increase is applied to the most recent sale price for 2 REGAL CLOSE of £340,000 on 17th February 2017. For the value to have increased from £340,000 to £494,763 over the eight years to February 2025, the following assumptions must hold true:

• The value of 2 REGAL CLOSE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The February 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REGAL CLOSE has not materially changed since February 2017.

How Large is 2 REGAL CLOSE?

2 REGAL CLOSE is 130m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses houses in Kingsmead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingsmead, and where 2 REGAL CLOSE lies on this distribution: 54% of detached houses houses are smaller than 2 REGAL CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Kingsmead.

2 REGAL CLOSE: Plot and Title Map

2 REGAL CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 2 REGAL 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 2 REGAL 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 2 REGAL CLOSE?

2 REGAL CLOSE is located in NORTHWICH, in the CW9 postcode district. The below map shows the position of No. 2 on REGAL CLOSE.