17, FARBAILEY CLOSE, CHESTER, CH4 7QH - £345,000

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

17 FARBAILEY CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £345,000 in November 2023, which was around 14% below the average November 2023 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

17 FARBAILEY CLOSE Sold Prices

Land registry data shows five sales for 17 FARBAILEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the five 17 FARBAILEY 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
2023 24 NOV	£345,000	£402,090	14% below HPI
2021 5 FEB	£310,000	£351,061	12% below HPI
2012 15 NOV	£247,500	£252,487	2% below HPI
2010 26 JUL	£228,000	£257,552	11% below HPI
2007 13 AUG	£230,000	£278,637	17% below HPI

17 FARBAILEY 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 five 17 FARBAILEY CLOSE sales between August 2007 and November 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 February 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 17 FARBAILEY CLOSE be worth now?

17 FARBAILEY CLOSE might now be worth an estimated £365,855.

This is based on house price inflation of 6%, between November 2023 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 6% inflationary increase is applied to the most recent sale price for 17 FARBAILEY CLOSE of £345,000 on 24th November 2023. For the value to have increased from £345,000 to £365,855 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 17 FARBAILEY CLOSE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The November 2023 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FARBAILEY CLOSE has not materially changed since November 2023.

How Large is 17 FARBAILEY CLOSE?

17 FARBAILEY CLOSE is 80m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of detached houses houses in Chester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chester, and where 17 FARBAILEY CLOSE lies on this distribution: 15% of detached houses houses are smaller than 17 FARBAILEY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chester.

17 FARBAILEY CLOSE: Plot and Title Map

17 FARBAILEY CLOSE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 17 FARBAILEY 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 17 FARBAILEY 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 17 FARBAILEY CLOSE?

17 FARBAILEY CLOSE is located in CHESTER, in the CH4 postcode district. The below map shows the position of No. 17 on FARBAILEY CLOSE.