4, THOMAS CLOSE, BLACON, CHESTER, CH1 5XG - £95,000

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.

4 THOMAS CLOSE is a very small terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £166,942. It was last sold for £95,000 in October 2012, which was around 20% below the average October 2012 terraced price in the Cheshire West and Chester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

4 THOMAS CLOSE Sold Prices

Land registry data shows four sales for 4 THOMAS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cheshire West and Chester local authority area for the corresponding sale date. Most of the four 4 THOMAS 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
2012 19 OCT	£95,000	£118,392	20% below HPI
2004 21 SEP	£102,500	£110,377	7% below HPI
2000 31 AUG	£39,000	£51,968	25% below HPI
1995 28 JUL	£41,950	£38,722	8% above HPI

4 THOMAS 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 four 4 THOMAS CLOSE sales between July 1995 and October 2012 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 September 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 THOMAS CLOSE be worth now?

4 THOMAS CLOSE might now be worth an estimated £166,942.

This is based on house price inflation of 75.7%, between October 2012 and October 2025, 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 75.7% inflationary increase is applied to the most recent sale price for 4 THOMAS CLOSE of £95,000 on 19th October 2012. For the value to have increased from £95,000 to £166,942 over the thirteen years to October 2025, the following assumptions must hold true:

• The value of 4 THOMAS CLOSE has moved in line with the HPI for terraced houses in the Cheshire West and Chester local authority area.
• The October 2012 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THOMAS CLOSE has not materially changed since October 2012.

How Large is 4 THOMAS CLOSE?

4 THOMAS CLOSE is 48m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of terraced houses houses in Chester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chester, and where 4 THOMAS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 4 THOMAS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chester.

4 THOMAS CLOSE: Plot and Title Map

4 THOMAS CLOSE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 4 THOMAS 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 4 THOMAS 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 4 THOMAS CLOSE?

4 THOMAS CLOSE is located in BLACON, in the CH1 postcode district. The below map shows the position of No. 4 on THOMAS CLOSE.