7, CEIRIOG CLOSE, CHIRK, WREXHAM, LL14 5SB - £185,000

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.

7 CEIRIOG CLOSE is a small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £261,636. It was last sold for £185,000 in January 2017, which was around 18% below the average January 2017 detached price in the Wrexham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

7 CEIRIOG CLOSE Sold Prices

Land registry data shows three sales for 7 CEIRIOG 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 Wrexham local authority area for the corresponding sale date. Two of the three 7 CEIRIOG CLOSE sales were for below the average price, whilst one was 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
2017 19 JAN	£185,000	£226,138	18% below HPI
2007 17 AUG	£180,000	£220,082	18% below HPI
1997 20 NOV	£73,500	£72,240	2% above HPI

7 CEIRIOG CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The three 7 CEIRIOG CLOSE sales between November 1997 and January 2017 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 August 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2017 sale, which was also at 18% below the HPI.

What might 7 CEIRIOG CLOSE be worth now?

7 CEIRIOG CLOSE might now be worth an estimated £261,636.

This is based on house price inflation of 41.4%, between January 2017 and May 2026, for detached 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 41.4% inflationary increase is applied to the most recent sale price for 7 CEIRIOG CLOSE of £185,000 on 19th January 2017. For the value to have increased from £185,000 to £261,636 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 7 CEIRIOG CLOSE has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The January 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CEIRIOG CLOSE has not materially changed since January 2017.

How Large is 7 CEIRIOG CLOSE?

7 CEIRIOG CLOSE is 84m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses houses in Chirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chirk, and where 7 CEIRIOG CLOSE lies on this distribution: 34% of detached houses houses are smaller than 7 CEIRIOG CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Chirk.

7 CEIRIOG CLOSE: Plot and Title Map

7 CEIRIOG CLOSE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 7 CEIRIOG 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 7 CEIRIOG 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 7 CEIRIOG CLOSE?

7 CEIRIOG CLOSE is located in CHIRK, in the LL14 postcode district. The below map shows the position of No. 7 on CEIRIOG CLOSE.