23, FORGE WAY, CHESTER, CH4 7NN - £271,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 FORGE WAY is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £271,000 in August 2024, which was around 34% below the average August 2024 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

23 FORGE WAY Sold Prices

Land registry data shows two sales for 23 FORGE WAY 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 23 FORGE WAY 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
2024 19 AUG	£271,000	£409,991	34% below HPI
1997 29 AUG	£60,000	£98,325	39% below HPI

23 FORGE WAY 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 23 FORGE WAY sales from August 1997 and August 2024 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 August 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 23 FORGE WAY be worth now?

23 FORGE WAY might now be worth an estimated £281,844.

This is based on house price inflation of 4%, between August 2024 and December 2024, 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 4% inflationary increase is applied to the most recent sale price for 23 FORGE WAY of £271,000 on 19th August 2024. For the value to have increased from £271,000 to £281,844 over the eight months to December 2024, the following assumptions must hold true:

• The value of 23 FORGE WAY has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The August 2024 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FORGE WAY has not materially changed since August 2024.

How Large is 23 FORGE WAY?

23 FORGE WAY is 74m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% 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 23 FORGE WAY lies on this distribution: 9% of detached houses houses are smaller than 23 FORGE WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Chester.

23 FORGE WAY: Plot and Title Map

23 FORGE WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 23 FORGE WAY, 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 23 FORGE WAY). 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 23 FORGE WAY?

23 FORGE WAY is located in CHESTER, in the CH4 postcode district. The below map shows the position of No. 23 on FORGE WAY.