16, FAIRMOUNT ROAD, WREXHAM, LL13 9GX - £235,000

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.

16 FAIRMOUNT ROAD is a midsized detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £317,014. It was last sold for £235,000 in February 2020, which was around 4% above the average February 2020 detached price in the Wrexham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

16 FAIRMOUNT ROAD Sold Prices

Land registry data shows two sales for 16 FAIRMOUNT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Both of the two 16 FAIRMOUNT ROAD 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
2020 24 FEB	£235,000	£225,822	4% above HPI
2001 30 MAR	£99,950	£84,681	18% above HPI

16 FAIRMOUNT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The two 16 FAIRMOUNT ROAD sales from March 2001 and February 2020 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 March 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 16 FAIRMOUNT ROAD be worth now?

16 FAIRMOUNT ROAD might now be worth an estimated £317,014.

This is based on house price inflation of 34.9%, between February 2020 and February 2025, for 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 34.9% inflationary increase is applied to the most recent sale price for 16 FAIRMOUNT ROAD of £235,000 on 24th February 2020. For the value to have increased from £235,000 to £317,014 over the five years to February 2025, the following assumptions must hold true:

• The value of 16 FAIRMOUNT ROAD has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The February 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FAIRMOUNT ROAD has not materially changed since February 2020.

How Large is 16 FAIRMOUNT ROAD?

16 FAIRMOUNT ROAD is 100m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses houses in Wrexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrexham, and where 16 FAIRMOUNT ROAD lies on this distribution: 47% of detached houses houses are smaller than 16 FAIRMOUNT ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Wrexham.

16 FAIRMOUNT ROAD: Plot and Title Map

16 FAIRMOUNT ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 16 FAIRMOUNT ROAD, 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 16 FAIRMOUNT ROAD). 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 16 FAIRMOUNT ROAD?

16 FAIRMOUNT ROAD is located in WREXHAM, in the LL13 postcode district. The below map shows the position of No. 16 on FAIRMOUNT ROAD.