2, THE SPINNEY, PARKGATE, NESTON, CH64 6RX - £745,000

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 THE SPINNEY is a very large extended detached house of 233m², built sometime between 1950 and 1966, which could now be worth an estimated £790,234. It was last sold for £745,000 in October 2022, which was around 83% above the average October 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE SPINNEY Sold Prices

Land registry data shows two sales for 2 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. Both of the two 2 THE SPINNEY 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
2022 28 OCT	£745,000	£406,197	83% above HPI
2003 11 NOV	£247,000	£208,687	18% above HPI

2 THE SPINNEY 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 two 2 THE SPINNEY sales from November 2003 and October 2022 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 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2022 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 2 THE SPINNEY be worth now?

2 THE SPINNEY might now be worth an estimated £790,234.

This is based on house price inflation of 6.1%, between October 2022 and April 2026, 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 6.1% inflationary increase is applied to the most recent sale price for 2 THE SPINNEY of £745,000 on 28th October 2022. For the value to have increased from £745,000 to £790,234 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 2 THE SPINNEY has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The October 2022 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE SPINNEY has not materially changed since October 2022.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 233m², which includes four extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in Neston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Neston, and where 2 THE SPINNEY lies on this distribution: 95% of detached houses houses are smaller than 2 THE SPINNEY, and 5% of houses are larger. Note that EPC data is not available for all properties in Neston.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.200 of an acre, or 811m². The below map shows the location of 2 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

2 THE SPINNEY is located in PARKGATE, in the CH64 postcode district. The below map shows the position of No. 2 on THE SPINNEY.