3, MORGAN CLOSE, BLACON, CHESTER, CH1 5XH - £170,000

3 MORGAN CLOSE is a very small extended detached house of 73m², built sometime between 1991 and 1995. It was last sold for £170,000 in July 2019, which was around 47% below the average July 2019 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

3 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 3 MORGAN 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 3 MORGAN CLOSE 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
2019 26 JUL	£170,000	£321,710	47% below HPI
2012 31 OCT	£125,000	£253,128	51% below HPI
1998 26 OCT	£63,500	£105,548	40% below HPI

3 MORGAN 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 3 MORGAN CLOSE sales between October 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 October 2012 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2019 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 3 MORGAN CLOSE?

3 MORGAN CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 3 MORGAN CLOSE lies on this distribution: 9% of detached houses are smaller than 3 MORGAN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Chester.

3 MORGAN CLOSE: Plot and Title Map

3 MORGAN CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 3 MORGAN 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 3 MORGAN 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 3 MORGAN CLOSE?

3 MORGAN CLOSE is located in BLACON, in the CH1 postcode district. The below map shows the position of No. 3 on MORGAN CLOSE.