3, RAILWAY ROAD, WREXHAM, LL11 2DH - £85,000

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 RAILWAY ROAD is a very small terraced house of 59m², built sometime between 1930 and 1949, which could now be worth an estimated £101,847. It was last sold for £85,000 in June 2021, which was around 33% below the average June 2021 terraced price in the Wrexham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was C.

3 RAILWAY ROAD Sold Prices

Land registry data shows two sales for 3 RAILWAY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Wrexham local authority area for the corresponding sale date. Both of the two 3 RAILWAY ROAD 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
2021 29 JUN	£85,000	£127,407	33% below HPI
2002 7 JUN	£44,000	£50,484	13% below HPI

3 RAILWAY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wrexham local authority area over time, sourced from the HPI. The two 3 RAILWAY ROAD sales from June 2002 and June 2021 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 June 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 3 RAILWAY ROAD be worth now?

3 RAILWAY ROAD might now be worth an estimated £101,847.

This is based on house price inflation of 19.8%, between June 2021 and June 2025, for terraced houses, in the Wrexham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.8% inflationary increase is applied to the most recent sale price for 3 RAILWAY ROAD of £85,000 on 29th June 2021. For the value to have increased from £85,000 to £101,847 over the four years to June 2025, the following assumptions must hold true:

• The value of 3 RAILWAY ROAD has moved in line with the HPI for terraced houses in the Wrexham local authority area.
• The June 2021 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RAILWAY ROAD has not materially changed since June 2021.

How Large is 3 RAILWAY ROAD?

3 RAILWAY ROAD is 59m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of terraced houses houses in Wrexham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wrexham, and where 3 RAILWAY ROAD lies on this distribution: 2% of terraced houses houses are smaller than 3 RAILWAY ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Wrexham.

3 RAILWAY ROAD: Plot and Title Map

3 RAILWAY ROAD sits on a plot of roughly 0.008 of an acre, or 34m². The below map shows the location of 3 RAILWAY ROAD, 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 RAILWAY ROAD). 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 RAILWAY ROAD?

3 RAILWAY ROAD is located in WREXHAM, in the LL11 postcode district. The below map shows the position of No. 3 on RAILWAY ROAD.