1, WESTWAY, PENLEY, WREXHAM, LL13 0JW - £130,000

1 WESTWAY is a very small extended detached house of 69m², built sometime between 1976 and 1982. It was last sold for £130,000 in May 2017, which was around 41% below the average May 2017 detached price in the Wrexham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

1 WESTWAY Sold Prices

Land registry data shows four sales for 1 WESTWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. All of the four 1 WESTWAY 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 5 MAY	£130,000	£221,729	41% below HPI
2014 10 NOV	£120,000	£200,986	40% below HPI
2003 5 SEP	£105,000	£146,550	28% below HPI
1998 4 DEC	£51,500	£74,844	31% below HPI

1 WESTWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The four 1 WESTWAY sales between December 1998 and May 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 November 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 WESTWAY?

1 WESTWAY is 69m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses in Penley, based on EPC data. The below chart shows the distribution of detached houses by size in Penley, and where 1 WESTWAY lies on this distribution: 12% of detached houses are smaller than 1 WESTWAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Penley.

1 WESTWAY: Plot and Title Map

1 WESTWAY sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 1 WESTWAY, 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 1 WESTWAY). 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 1 WESTWAY?

1 WESTWAY is located in PENLEY, in the LL13 postcode district. The below map shows the position of No. 1 on WESTWAY.