1, FERN WAY, WEAVERHAM, NORTHWICH, CW8 3EZ - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FERN WAY is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £255,000 in July 2021, which was around 30% below the average July 2021 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

1 FERN WAY Sold Prices

Land registry data shows four sales for 1 FERN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the four 1 FERN WAY 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
2021 1 JUL	£255,000	£363,404	30% below HPI
2015 23 FEB	£185,000	£277,137	33% below HPI
2012 1 MAR	£140,000	£256,926	46% below HPI
1997 25 JUL	£79,500	£97,853	19% below HPI

1 FERN WAY 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 four 1 FERN WAY sales between July 1997 and July 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 February 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 FERN WAY?

1 FERN WAY is 71m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses in Weaverham, based on EPC data. The below chart shows the distribution of detached houses by size in Weaverham, and where 1 FERN WAY lies on this distribution: 9% of detached houses are smaller than 1 FERN WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Weaverham.

1 FERN WAY: Plot and Title Map

1 FERN WAY sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 1 FERN WAY, 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 FERN WAY). 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 FERN WAY?

1 FERN WAY is located in WEAVERHAM, in the CW8 postcode district. The below map shows the position of No. 1 on FERN WAY.