34, WELLS CLOSE, MICKLE TRAFFORD, CHESTER, CH2 4DZ - £156,000

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.

34 WELLS CLOSE is a very small terraced house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £247,816. It was last sold for £156,000 in March 2008, which was around 19% above the average March 2008 terraced price in the Cheshire West and Chester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

34 WELLS CLOSE Sold Prices

Land registry data shows five sales for 34 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the five 34 WELLS 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
2008 6 MAR	£156,000	£131,455	19% above HPI
2003 12 DEC	£128,000	£92,816	38% above HPI
2002 29 MAY	£99,000	£64,284	54% above HPI
1998 19 MAR	£54,950	£41,642	32% above HPI
1995 18 AUG	£52,000	£39,335	32% above HPI

34 WELLS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The five 34 WELLS CLOSE sales between August 1995 and March 2008 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 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2008 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 34 WELLS CLOSE be worth now?

34 WELLS CLOSE might now be worth an estimated £247,816.

This is based on house price inflation of 58.9%, between March 2008 and May 2026, for terraced 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 58.9% inflationary increase is applied to the most recent sale price for 34 WELLS CLOSE of £156,000 on 6th March 2008. For the value to have increased from £156,000 to £247,816 over the seventeen years and ten months to May 2026, the following assumptions must hold true:

• The value of 34 WELLS CLOSE has moved in line with the HPI for terraced houses in the Cheshire West and Chester local authority area.
• The March 2008 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 34 WELLS CLOSE has not materially changed since March 2008.

How Large is 34 WELLS CLOSE?

34 WELLS CLOSE is 63m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of terraced houses houses in Mickle Trafford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mickle Trafford, and where 34 WELLS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 34 WELLS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mickle Trafford.

34 WELLS CLOSE: Plot and Title Map

34 WELLS CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 34 WELLS 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 34 WELLS 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 34 WELLS CLOSE?

34 WELLS CLOSE is located in MICKLE TRAFFORD, in the CH2 postcode district. The below map shows the position of No. 34 on WELLS CLOSE.