2, GRIFFIN CLOSE, CHESTER, CH1 5TX - £180,000

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 GRIFFIN CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £180,000 in May 2019, which was around 44% below the average May 2019 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

2 GRIFFIN CLOSE Sold Prices

Land registry data shows two sales for 2 GRIFFIN 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 2 GRIFFIN 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
2019 3 MAY	£180,000	£321,633	44% below HPI
2007 5 JUN	£149,000	£273,064	45% below HPI

2 GRIFFIN 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 2 GRIFFIN CLOSE sales from June 2007 and May 2019 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 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2019 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 2 GRIFFIN CLOSE?

2 GRIFFIN CLOSE is 72m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 2 GRIFFIN CLOSE lies on this distribution: 8% of detached houses are smaller than 2 GRIFFIN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chester.

2 GRIFFIN CLOSE: Plot and Title Map

2 GRIFFIN CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 GRIFFIN 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 2 GRIFFIN 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 2 GRIFFIN CLOSE?

2 GRIFFIN CLOSE is located in CHESTER, in the CH1 postcode district. The below map shows the position of No. 2 on GRIFFIN CLOSE.