7, WELL LANE, PENKETH, WARRINGTON, WA5 2JA - £382,000

7 WELL LANE is a large extended detached house of 152m², built sometime between 1930 and 1949. It was last sold for £382,000 in August 2015, which was around 38% above the average August 2015 detached price in the Warrington local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

7 WELL LANE Sold Prices

Land registry data shows four sales for 7 WELL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warrington local authority area for the corresponding sale date. Most of the four 7 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
2015 19 AUG	£382,000	£275,989	38% above HPI
2003 10 APR	£270,000	£184,344	46% above HPI
1999 25 AUG	£145,000	£108,253	34% above HPI
1997 19 DEC	£39,000	£92,777	58% below HPI

7 WELL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warrington local authority area over time, sourced from the HPI. The four 7 WELL LANE sales between December 1997 and August 2015 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 April 2003 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2015 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 7 WELL LANE?

7 WELL LANE is 152m², which includes four extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Warrington, based on EPC data. The below chart shows the distribution of detached houses by size in Warrington, and where 7 WELL LANE lies on this distribution: 80% of detached houses are smaller than 7 WELL LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Warrington.

7 WELL LANE: Plot and Title Map

7 WELL LANE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 7 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 7 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.

Where is 7 WELL LANE?

7 WELL LANE is located in PENKETH, in the WA5 postcode district. The below map shows the position of No. 7 on WELL LANE.