5 WELL LANE is a midsized extended detached house of 151m², built sometime between 1976 and 1982. It was last sold for £437,000 in December 2020, which was around 24% above the average December 2020 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 5 WELL LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the four 5 WELL LANE 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 |
---|---|---|---|
2020 18 DEC | £437,000 | £352,327 | 24% above HPI |
2003 2 MAY | £190,000 | £185,729 | 2% above HPI |
2001 26 JAN | £149,000 | £133,284 | 12% above HPI |
1998 6 FEB | £103,000 | £100,098 | 3% above HPI |
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 four 5 WELL LANE sales between February 1998 and December 2020 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 May 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
5 WELL LANE is 151m², which includes three extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Mollington, based on EPC data. The below chart shows the distribution of detached houses by size in Mollington, and where 5 WELL LANE lies on this distribution: 41% of detached houses are smaller than 5 WELL LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Mollington.
5 WELL LANE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 5 WELL LANE, 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 5 WELL LANE). 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.
5 WELL LANE is located in MOLLINGTON, in the CH1 postcode district. The below map shows the position of No. 5 on WELL LANE.