2, SOUTHWAY, BLACON, CHESTER, CH1 5NN - £270,000

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 SOUTHWAY is a very small extended detached house of 73m², built sometime between 1930 and 1949. It was last sold for £270,000 in August 2020, which was around 19% below the average August 2020 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

2 SOUTHWAY Sold Prices

Land registry data shows two sales for 2 SOUTHWAY 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 SOUTHWAY 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
2020 13 AUG	£270,000	£331,777	19% below HPI
1997 25 JUL	£59,750	£97,853	39% below HPI

2 SOUTHWAY 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 SOUTHWAY sales from July 1997 and August 2020 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 July 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 SOUTHWAY?

2 SOUTHWAY is 73m², which includes one extension, according to the EPC inspection conducted in November 2019. 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 SOUTHWAY lies on this distribution: 9% of detached houses are smaller than 2 SOUTHWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Chester.

2 SOUTHWAY: Plot and Title Map

2 SOUTHWAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 2 SOUTHWAY, 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 SOUTHWAY). 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 SOUTHWAY?

2 SOUTHWAY is located in BLACON, in the CH1 postcode district. The below map shows the position of No. 2 on SOUTHWAY.