2, MEADOWS LANE, CHESTER, CH4 7BH - £78,000

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 MEADOWS LANE is a small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £78,000 in July 1998, which was around 25% below the average July 1998 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

2 MEADOWS LANE Sold Prices

Land registry data shows two sales for 2 MEADOWS LANE 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 MEADOWS LANE 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
1998 13 JUL	£78,000	£103,790	25% below HPI
1996 16 DEC	£58,500	£92,007	36% below HPI

2 MEADOWS LANE 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 MEADOWS LANE sales from December 1996 and July 1998 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 December 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 1998 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 MEADOWS LANE?

2 MEADOWS LANE is 86m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% 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 MEADOWS LANE lies on this distribution: 22% of detached houses are smaller than 2 MEADOWS LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Chester.

2 MEADOWS LANE: Plot and Title Map

2 MEADOWS LANE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 2 MEADOWS LANE, 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 MEADOWS LANE). 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 MEADOWS LANE?

2 MEADOWS LANE is located in CHESTER, in the CH4 postcode district. The below map shows the position of No. 2 on MEADOWS LANE.