7, DRAKES WAY, OATHILLS, MALPAS, SY14 8HY - £307,000

7 DRAKES WAY is a very small extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £307,000 in September 2021, which was around 16% below the average September 2021 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

7 DRAKES WAY Sold Prices

Land registry data shows two sales for 7 DRAKES WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. Both of the two 7 DRAKES WAY 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 24 SEP	£307,000	£364,442	16% below HPI
2018 23 MAY	£190,000	£312,749	39% below HPI

7 DRAKES WAY Price Paid vs. HPI Average

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 two 7 DRAKES WAY sales from May 2018 and September 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 May 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 DRAKES WAY?

7 DRAKES WAY is 103m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Malpas, based on EPC data. The below chart shows the distribution of detached houses by size in Malpas, and where 7 DRAKES WAY lies on this distribution: 16% of detached houses are smaller than 7 DRAKES WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Malpas.

7 DRAKES WAY: Plot and Title Map

7 DRAKES WAY sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 7 DRAKES WAY, 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 DRAKES WAY). 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 DRAKES WAY?

7 DRAKES WAY is located in OATHILLS, in the SY14 postcode district. The below map shows the position of No. 7 on DRAKES WAY.