2, THE LAURELS, MILTON GREEN, CHESTER, CH3 9DJ - £440,000

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 LAURELS is a midsized detached house of 162m², built sometime between 2003 and 2006. It was last sold for £440,000 in May 2022, which was around 13% above the average May 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE LAURELS Sold Prices

Land registry data shows four sales for 2 THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the four 2 THE LAURELS 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
2022 6 MAY	£440,000	£389,245	13% above HPI
2013 19 DEC	£265,000	£263,296	1% above HPI
2008 12 SEP	£280,000	£267,316	5% above HPI
2007 10 DEC	£345,000	£279,812	23% above HPI

2 THE LAURELS 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 four 2 THE LAURELS sales between December 2007 and May 2022 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 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 THE LAURELS?

2 THE LAURELS is 162m² according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Milton Green, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Green, and where 2 THE LAURELS lies on this distribution: 52% of detached houses are smaller than 2 THE LAURELS, and 48% of houses are larger. Note that EPC data is not available for all properties in Milton Green.

2 THE LAURELS: Plot and Title Map

2 THE LAURELS sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 2 THE LAURELS, 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 LAURELS). 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 LAURELS?

2 THE LAURELS is located in MILTON GREEN, in the CH3 postcode district. The below map shows the position of No. 2 on THE LAURELS.