2, DRAKES WAY, OATHILLS, MALPAS, SY14 8HY - £428,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 DRAKES WAY is a midsized extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £428,000 in January 2024, which was around 3% above the average January 2024 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 DRAKES WAY Sold Prices

Land registry data shows three sales for 2 DRAKES WAY 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 2 DRAKES WAY 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
2024 26 JAN	£428,000	£415,672	3% above HPI
2002 31 MAY	£220,000	£155,275	42% above HPI
1997 2 JUN	£143,000	£96,449	48% above HPI

2 DRAKES WAY 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 2 DRAKES WAY sales between June 1997 and January 2024 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 May 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2024 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 DRAKES WAY?

2 DRAKES WAY is 134m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses in Malpas, based on EPC data. The below chart shows the distribution of detached houses by size in Malpas, and where 2 DRAKES WAY lies on this distribution: 54% of detached houses are smaller than 2 DRAKES WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Malpas.

2 DRAKES WAY: Plot and Title Map

2 DRAKES WAY sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 2 DRAKES WAY, 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 2 DRAKES WAY). 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 2 DRAKES WAY?

2 DRAKES WAY is located in OATHILLS, in the SY14 postcode district. The below map shows the position of No. 2 on DRAKES WAY.