9, PRICES LANE, WREXHAM, LL11 2NB - £115,000

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.

9 PRICES LANE is a small extended terraced house of 83m², built sometime between 1900 and 1929, which could now be worth an estimated £162,818. It was last sold for £115,000 in November 2019, which was around 1% above the average November 2019 terraced price in the Wrexham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

9 PRICES LANE Sold Prices

Land registry data shows four sales for 9 PRICES LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Wrexham local authority area for the corresponding sale date. Most of the four 9 PRICES LANE 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
2019 22 NOV	£115,000	£113,852	1% above HPI
2006 9 AUG	£90,000	£108,887	17% below HPI
2001 7 AUG	£41,800	£43,254	3% below HPI
1998 28 AUG	£29,000	£34,167	15% below HPI

9 PRICES LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wrexham local authority area over time, sourced from the HPI. The four 9 PRICES LANE sales between August 1998 and November 2019 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 9 PRICES LANE be worth now?

9 PRICES LANE might now be worth an estimated £162,818.

This is based on house price inflation of 41.6%, between November 2019 and May 2026, for terraced 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 41.6% inflationary increase is applied to the most recent sale price for 9 PRICES LANE of £115,000 on 22nd November 2019. For the value to have increased from £115,000 to £162,818 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 9 PRICES LANE has moved in line with the HPI for terraced houses in the Wrexham local authority area.
• The November 2019 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PRICES LANE has not materially changed since November 2019.

How Large is 9 PRICES LANE?

9 PRICES LANE is 83m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of terraced houses houses in Wrexham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wrexham, and where 9 PRICES LANE lies on this distribution: 24% of terraced houses houses are smaller than 9 PRICES LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wrexham.

9 PRICES LANE: Plot and Title Map

9 PRICES LANE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 9 PRICES 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 9 PRICES 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 9 PRICES LANE?

9 PRICES LANE is located in WREXHAM, in the LL11 postcode district. The below map shows the position of No. 9 on PRICES LANE.