Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 RED LANE is a large detached house of 148m², built sometime before 1900. It was last sold for £446,500 in September 2016, which was around 50% above the average September 2016 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 3 RED LANE since 1st 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 3 RED LANE 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 |
---|---|---|---|
2016 12 SEP | £446,500 | £298,510 | 50% above HPI |
2007 18 SEP | £415,000 | £282,217 | 47% above HPI |
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 3 RED LANE sales from September 2007 and September 2016 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 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the September 2016 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
3 RED LANE is 148m² according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses in Frodsham, based on EPC data. The below chart shows the distribution of detached houses by size in Frodsham, and where 3 RED LANE lies on this distribution: 73% of detached houses are smaller than 3 RED LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Frodsham.
3 RED LANE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 3 RED LANE, 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 RED LANE). 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.
3 RED LANE is located in FRODSHAM, in the WA6 postcode district. The below map shows the position of No. 3 on RED LANE.