1, FIRBANK, ELTON, CHESTER, CH2 4LY - £318,000

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 FIRBANK is a large detached house of 100m², built sometime between 1983 and 1990. It was last sold for £318,000 in February 2023, which was around 23% below the average February 2023 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

1 FIRBANK Sold Prices

Land registry data shows two sales for 1 FIRBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. Both of the two 1 FIRBANK 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
2023 27 FEB	£318,000	£414,757	23% below HPI
2014 18 AUG	£165,000	£270,925	39% below HPI

1 FIRBANK 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 two 1 FIRBANK sales from August 2014 and February 2023 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 FIRBANK?

1 FIRBANK is 100m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses in Elton, based on EPC data. The below chart shows the distribution of detached houses by size in Elton, and where 1 FIRBANK lies on this distribution: 61% of detached houses are smaller than 1 FIRBANK, and 38% of houses are larger. Note that EPC data is not available for all properties in Elton.

1 FIRBANK: Plot and Title Map

1 FIRBANK sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 1 FIRBANK, 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 FIRBANK). 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 FIRBANK?

1 FIRBANK is located in ELTON, in the CH2 postcode district. The below map shows the position of No. 1 on FIRBANK.