15, PARK CLOSE, TARVIN, CHESTER, CH3 8DZ - £108,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PARK CLOSE is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £108,000 in February 2001, which was around 19% below the average February 2001 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was C.

15 PARK CLOSE Sold Prices

Land registry data shows two sales for 15 PARK CLOSE 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 15 PARK 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
2001 5 FEB	£108,000	£133,055	19% below HPI
1999 23 JUL	£97,500	£112,355	13% below HPI

15 PARK 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 two 15 PARK CLOSE sales from July 1999 and February 2001 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2001 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 15 PARK CLOSE be worth now?

15 PARK CLOSE might now be worth an estimated £346,103.

This is based on house price inflation of 220.5%, between February 2001 and December 2024, 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 220.5% inflationary increase is applied to the most recent sale price for 15 PARK CLOSE of £108,000 on 5th February 2001. For the value to have increased from £108,000 to £346,103 over the 22 years and two months to December 2024, the following assumptions must hold true:

• The value of 15 PARK CLOSE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The February 2001 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARK CLOSE has not materially changed since February 2001.

How Large is 15 PARK CLOSE?

15 PARK CLOSE is 84m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses houses in Tarvin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tarvin, and where 15 PARK CLOSE lies on this distribution: 14% of detached houses houses are smaller than 15 PARK CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Tarvin.

15 PARK CLOSE: Plot and Title Map

15 PARK CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 15 PARK 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 15 PARK 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 15 PARK CLOSE?

15 PARK CLOSE is located in TARVIN, in the CH3 postcode district. The below map shows the position of No. 15 on PARK CLOSE.