12, MEADOW CLOSE, FARNDON, CHESTER, CH3 6PP - £275,000

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.

12 MEADOW CLOSE is a small extended detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £374,543. It was last sold for £275,000 in August 2018, which was around 13% below the average August 2018 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

12 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 12 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the three 12 MEADOW 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
2018 17 AUG	£275,000	£314,786	13% below HPI
2011 17 JUN	£235,000	£252,490	7% below HPI
2006 3 JUL	£245,000	£260,289	6% below HPI

12 MEADOW CLOSE 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 three 12 MEADOW CLOSE sales between July 2006 and August 2018 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 June 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 MEADOW CLOSE be worth now?

12 MEADOW CLOSE might now be worth an estimated £374,543.

This is based on house price inflation of 36.2%, between August 2018 and February 2025, for detached houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.2% inflationary increase is applied to the most recent sale price for 12 MEADOW CLOSE of £275,000 on 17th August 2018. For the value to have increased from £275,000 to £374,543 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 12 MEADOW CLOSE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The August 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MEADOW CLOSE has not materially changed since August 2018.

How Large is 12 MEADOW CLOSE?

12 MEADOW CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 12 MEADOW CLOSE lies on this distribution: 22% of detached houses houses are smaller than 12 MEADOW CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Farndon.

12 MEADOW CLOSE: Plot and Title Map

12 MEADOW CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 12 MEADOW CLOSE, 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 12 MEADOW CLOSE). 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 12 MEADOW CLOSE?

12 MEADOW CLOSE is located in FARNDON, in the CH3 postcode district. The below map shows the position of No. 12 on MEADOW CLOSE.