2, THE OLD WORKS BARN, ANVIL CLOSE, ELTON, CHESTER, CH2 4LE - £275,000

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 OLD WORKS BARN is a large detached house of 103m², built sometime before 1900. It was last sold for £275,000 in October 2022, which was around 33% below the average October 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

2 THE OLD WORKS BARN Sold Prices

Land registry data shows three sales for 2 THE OLD WORKS BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the three 2 THE OLD WORKS BARN 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
2022 21 OCT	£275,000	£409,602	33% below HPI
2007 7 SEP	£208,500	£282,217	26% below HPI
2003 29 AUG	£89,950	£199,936	55% below HPI

2 THE OLD WORKS BARN 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 three 2 THE OLD WORKS BARN sales between August 2003 and October 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 September 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 THE OLD WORKS BARN?

2 THE OLD WORKS BARN is 103m² according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Elton, based on EPC data. The below chart shows the distribution of detached houses by size in Elton, and where 2 THE OLD WORKS BARN lies on this distribution: 65% of detached houses are smaller than 2 THE OLD WORKS BARN, and 35% of houses are larger. Note that EPC data is not available for all properties in Elton.

2 THE OLD WORKS BARN: Plot and Title Map

2 THE OLD WORKS BARN sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 2 THE OLD WORKS BARN, 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 OLD WORKS BARN). 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 OLD WORKS BARN?

2 THE OLD WORKS BARN is located on ANVIL CLOSE in ELTON, in the CH2 postcode district. The below map shows the position of 2 THE OLD WORKS BARN on ANVIL CLOSE.