24, FORGE WAY, CHESTER, CH4 7NN - £160,000

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

24 FORGE WAY is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £160,000 in November 2012, which was around 37% below the average November 2012 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

24 FORGE WAY Sold Prices

Land registry data shows two sales for 24 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 24 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
2012 21 NOV	£160,000	£254,603	37% below HPI
1997 14 MAR	£59,950	£92,683	35% below HPI

24 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 24 FORGE WAY sales from March 1997 and November 2012 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 March 1997 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2012 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 24 FORGE WAY?

24 FORGE WAY is 78m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 24 FORGE WAY lies on this distribution: 13% of detached houses are smaller than 24 FORGE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Chester.

24 FORGE WAY: Plot and Title Map

24 FORGE WAY sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 24 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 24 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 24 FORGE WAY?

24 FORGE WAY is located in CHESTER, in the CH4 postcode district. The below map shows the position of No. 24 on FORGE WAY.