7, WELL LANE, WEAVERHAM, NORTHWICH, CW8 3PD - £415,000

7 WELL LANE is a large extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £415,000 in May 2021, which was around 13% above the average May 2021 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

7 WELL LANE Sold Prices

Land registry data shows two sales for 7 WELL LANE 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 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
2021 7 MAY	£415,000	£365,694	13% above HPI
2001 27 APR	£168,000	£136,232	23% above HPI

7 WELL LANE 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 WELL LANE sales from April 2001 and May 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 April 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 7 WELL LANE?

7 WELL LANE is 139m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Weaverham, based on EPC data. The below chart shows the distribution of detached houses by size in Weaverham, and where 7 WELL LANE lies on this distribution: 74% of detached houses are smaller than 7 WELL LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Weaverham.

7 WELL LANE: Plot and Title Map

7 WELL LANE sits on a plot of roughly 0.232 of an acre, or 941m². 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 WEAVERHAM, in the CW8 postcode district. The below map shows the position of No. 7 on WELL LANE.