2, PARK DRIVE SOUTH, CHESTER, CH2 3JT - £355,000

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.

2 PARK DRIVE SOUTH is a large extended detached house of 132m², built sometime between 1930 and 1949, which could now be worth an estimated £514,087. It was last sold for £355,000 in December 2016, which was around 20% above the average December 2016 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

2 PARK DRIVE SOUTH Sold Prices

Land registry data shows two sales for 2 PARK DRIVE SOUTH 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 PARK DRIVE SOUTH 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
2016 1 DEC	£355,000	£296,057	20% above HPI
2015 27 FEB	£320,000	£274,833	16% above HPI

2 PARK DRIVE SOUTH 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 PARK DRIVE SOUTH sales from February 2015 and December 2016 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 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 PARK DRIVE SOUTH be worth now?

2 PARK DRIVE SOUTH might now be worth an estimated £514,087.

This is based on house price inflation of 44.8%, between December 2016 and February 2025, 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 44.8% inflationary increase is applied to the most recent sale price for 2 PARK DRIVE SOUTH of £355,000 on 1st December 2016. For the value to have increased from £355,000 to £514,087 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PARK DRIVE SOUTH has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The December 2016 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK DRIVE SOUTH has not materially changed since December 2016.

How Large is 2 PARK DRIVE SOUTH?

2 PARK DRIVE SOUTH is 132m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 40% 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 2 PARK DRIVE SOUTH lies on this distribution: 66% of detached houses houses are smaller than 2 PARK DRIVE SOUTH, and 34% of houses are larger. Note that EPC data is not available for all properties in Chester.

2 PARK DRIVE SOUTH: Plot and Title Map

2 PARK DRIVE SOUTH sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 2 PARK DRIVE SOUTH, 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 PARK DRIVE SOUTH). 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 PARK DRIVE SOUTH?

2 PARK DRIVE SOUTH is located in CHESTER, in the CH2 postcode district. The below map shows the position of No. 2 on PARK DRIVE SOUTH.