3, CEDAR CLOSE, MARFORD, WREXHAM, LL12 8XR - £220,000

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

3 CEDAR CLOSE is a small extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £220,000 in January 2014, which was around 13% above the average January 2014 detached price in the Wrexham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

3 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 3 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Two of the three 3 CEDAR CLOSE sales were for above the average price, whilst one was 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
2014 31 JAN	£220,000	£194,828	13% above HPI
2008 29 FEB	£236,000	£221,382	7% above HPI
1999 27 AUG	£69,950	£77,230	9% below HPI

3 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The three 3 CEDAR CLOSE sales between August 1999 and January 2014 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 2008 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2014 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 CEDAR CLOSE?

3 CEDAR CLOSE is 105m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in Gresford, based on EPC data. The below chart shows the distribution of detached houses by size in Gresford, and where 3 CEDAR CLOSE lies on this distribution: 30% of detached houses are smaller than 3 CEDAR CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gresford.

3 CEDAR CLOSE: Plot and Title Map

3 CEDAR CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 3 CEDAR CLOSE, 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 3 CEDAR CLOSE). 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 3 CEDAR CLOSE?

3 CEDAR CLOSE is located in MARFORD, in the LL12 postcode district. The below map shows the position of No. 3 on CEDAR CLOSE.