21, NEEDHAM CLOSE, RUNCORN, WA7 5SL - £140,000

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.

21 NEEDHAM CLOSE is a midsized extended detached house of 106m², built sometime between 1991 and 1995, which could now be worth an estimated £218,893. It was last sold for £140,000 in February 2017, which was around 33% below the average February 2017 detached price in the Halton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

21 NEEDHAM CLOSE Sold Prices

Land registry data shows three sales for 21 NEEDHAM 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 Halton local authority area for the corresponding sale date. All of the three 21 NEEDHAM CLOSE 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
2017 27 FEB	£140,000	£210,364	33% below HPI
2003 28 MAR	£73,950	£126,620	42% below HPI
1995 31 MAR	£51,950	£70,219	26% below HPI

21 NEEDHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Halton local authority area over time, sourced from the HPI. The three 21 NEEDHAM CLOSE sales between March 1995 and February 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 March 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2017 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 21 NEEDHAM CLOSE be worth now?

21 NEEDHAM CLOSE might now be worth an estimated £218,893.

This is based on house price inflation of 56.4%, between February 2017 and April 2026, for detached houses, in the Halton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.4% inflationary increase is applied to the most recent sale price for 21 NEEDHAM CLOSE of £140,000 on 27th February 2017. For the value to have increased from £140,000 to £218,893 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 21 NEEDHAM CLOSE has moved in line with the HPI for detached houses in the Halton local authority area.
• The February 2017 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 21 NEEDHAM CLOSE has not materially changed since February 2017.

How Large is 21 NEEDHAM CLOSE?

21 NEEDHAM CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses in Runcorn, based on EPC data. The below chart shows the distribution of detached houses by size in Runcorn, and where 21 NEEDHAM CLOSE lies on this distribution: 49% of detached houses are smaller than 21 NEEDHAM CLOSE, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Runcorn.

Where is 21 NEEDHAM CLOSE?

21 NEEDHAM CLOSE is located in RUNCORN, in the WA7 postcode district.