41, NEEDHAM CLOSE, RUNCORN, WA7 5SL - £65,000

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.

41 NEEDHAM CLOSE is a very small extended terraced house of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £79,283. It was last sold for £65,000 in January 2022, which was around 50% below the average January 2022 terraced price in the Halton local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

41 NEEDHAM CLOSE Sold Prices

Land registry data shows five sales for 41 NEEDHAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Halton local authority area for the corresponding sale date. All of the five 41 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
2022 27 JAN	£65,000	£129,304	50% below HPI
2007 20 JUL	£74,000	£100,885	27% below HPI
2006 21 JUL	£67,750	£93,136	27% below HPI
2002 9 AUG	£33,950	£43,992	23% below HPI
2001 17 SEP	£29,000	£37,997	24% below HPI

41 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 five 41 NEEDHAM CLOSE sales between September 2001 and January 2022 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 July 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2022 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 41 NEEDHAM CLOSE be worth now?

41 NEEDHAM CLOSE might now be worth an estimated £79,283.

This is based on house price inflation of 22%, between January 2022 and April 2026, for terraced 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 22% inflationary increase is applied to the most recent sale price for 41 NEEDHAM CLOSE of £65,000 on 27th January 2022. For the value to have increased from £65,000 to £79,283 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 41 NEEDHAM CLOSE has moved in line with the HPI for terraced houses in the Halton local authority area.
• The January 2022 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 41 NEEDHAM CLOSE has not materially changed since January 2022.

How Large is 41 NEEDHAM CLOSE?

41 NEEDHAM CLOSE is 40m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of terraced houses in Runcorn, based on EPC data. The below chart shows the distribution of terraced houses by size in Runcorn, and where 41 NEEDHAM CLOSE lies on this distribution: Less than 1% of terraced houses are smaller than 41 NEEDHAM CLOSE, and more than 99% of terraced houses are larger. Note that EPC data is not available for all properties in Runcorn.

Where is 41 NEEDHAM CLOSE?

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