2, THE CHALWAY, LONDON ROAD, WOORE, CREWE, CW3 9SQ - £285,000

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 THE CHALWAY is a very small detached house of 97m², built sometime between 1991 and 1995. It was last sold for £285,000 in March 2019, which was around 8% below the average March 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

2 THE CHALWAY Sold Prices

Land registry data shows three sales for 2 THE CHALWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 2 THE CHALWAY 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 1 MAR	£285,000	£310,123	8% below HPI
2014 18 FEB	£243,000	£252,135	4% below HPI
2003 14 MAY	£184,500	£190,520	3% below HPI

2 THE CHALWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 2 THE CHALWAY sales between May 2003 and March 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 February 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 THE CHALWAY?

2 THE CHALWAY is 97m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Woore, based on EPC data. The below chart shows the distribution of detached houses by size in Woore, and where 2 THE CHALWAY lies on this distribution: 8% of detached houses are smaller than 2 THE CHALWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Woore.

2 THE CHALWAY: Plot and Title Map

2 THE CHALWAY sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 2 THE CHALWAY, 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 THE CHALWAY). 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 THE CHALWAY?

2 THE CHALWAY is located on LONDON ROAD in WOORE, in the CW3 postcode district. The below map shows the position of 2 THE CHALWAY on LONDON ROAD.