1, IVY COTTAGES, KILN LANE, CROSS LANES, WREXHAM, LL13 0TG - £240,000

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.

1 IVY COTTAGES is a very small semi-detached house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £292,866. It was last sold for £240,000 in April 2021, which was around 57% above the average April 2021 semi-detached price in the Wrexham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was F, and the potential energy rating was C.

1 IVY COTTAGES Sold Prices

Land registry data shows two sales for 1 IVY COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wrexham local authority area for the corresponding sale date. Both of the two 1 IVY COTTAGES sales were for above 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 9 APR	£240,000	£152,973	57% above HPI
2014 4 JUL	£140,000	£121,512	15% above HPI

1 IVY COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wrexham local authority area over time, sourced from the HPI. The two 1 IVY COTTAGES sales from July 2014 and April 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 July 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2021 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 1 IVY COTTAGES be worth now?

1 IVY COTTAGES might now be worth an estimated £292,866.

This is based on house price inflation of 22%, between April 2021 and February 2025, for semi-detached houses, in the Wrexham 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 1 IVY COTTAGES of £240,000 on 9th April 2021. For the value to have increased from £240,000 to £292,866 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 1 IVY COTTAGES has moved in line with the HPI for semi-detached houses in the Wrexham local authority area.
• The April 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 IVY COTTAGES has not materially changed since April 2021.

How Large is 1 IVY COTTAGES?

1 IVY COTTAGES is 91m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of semi-detached houses houses in Cross Lanes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cross Lanes, and where 1 IVY COTTAGES lies on this distribution: 9% of semi-detached houses houses are smaller than 1 IVY COTTAGES, and 91% of houses are larger. Note that EPC data is not available for all properties in Cross Lanes.

1 IVY COTTAGES: Plot and Title Map

1 IVY COTTAGES sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 1 IVY COTTAGES, 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 IVY COTTAGES). 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 IVY COTTAGES?

1 IVY COTTAGES is located on KILN LANE in CROSS LANES, in the LL13 postcode district. The below map shows the position of 1 IVY COTTAGES on KILN LANE.