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

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.

3 MORGAN CLOSE is a very small extended detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £229,586. 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	£319,036	47% below HPI
2012 31 OCT	£125,000	£251,024	50% below HPI
1998 26 OCT	£63,500	£104,670	39% 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 50% below the HPI. So the extrapolation line tracks at 50% 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.

What might 3 MORGAN CLOSE be worth now?

3 MORGAN CLOSE might now be worth an estimated £229,586.

This is based on house price inflation of 35.1%, between July 2019 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 35.1% inflationary increase is applied to the most recent sale price for 3 MORGAN CLOSE of £170,000 on 26th July 2019. For the value to have increased from £170,000 to £229,586 over the seven years and three months to April 2026, the following assumptions must hold true:

• The value of 3 MORGAN CLOSE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The July 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MORGAN CLOSE has not materially changed since July 2019.

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 houses in Chester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chester, and where 3 MORGAN CLOSE lies on this distribution: 8% of detached houses 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.