3, SPEEDS WAY, FARNDON, CHESTER, CH3 6QN - £450,000

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

3 SPEEDS WAY is a very large extended detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £514,979. It was last sold for £450,000 in January 2022, which was around 21% above the average January 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

3 SPEEDS WAY Sold Prices

Land registry data shows four sales for 3 SPEEDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. Most of the four 3 SPEEDS WAY 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
2022 14 JAN	£450,000	£372,594	21% above HPI
2002 2 DEC	£195,500	£172,354	13% above HPI
1997 14 MAY	£122,000	£94,851	29% above HPI
1996 7 NOV	£20,000	£91,321	78% below HPI

3 SPEEDS 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 four 3 SPEEDS WAY sales between November 1996 and January 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 December 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 3 SPEEDS WAY be worth now?

3 SPEEDS WAY might now be worth an estimated £514,979.

This is based on house price inflation of 14.4%, between January 2022 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 14.4% inflationary increase is applied to the most recent sale price for 3 SPEEDS WAY of £450,000 on 14th January 2022. For the value to have increased from £450,000 to £514,979 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 3 SPEEDS WAY has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The January 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPEEDS WAY has not materially changed since January 2022.

How Large is 3 SPEEDS WAY?

3 SPEEDS WAY is 150m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 3 SPEEDS WAY lies on this distribution: 80% of detached houses houses are smaller than 3 SPEEDS WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Farndon.

3 SPEEDS WAY: Plot and Title Map

3 SPEEDS WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 3 SPEEDS 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 3 SPEEDS 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 3 SPEEDS WAY?

3 SPEEDS WAY is located in FARNDON, in the CH3 postcode district. The below map shows the position of No. 3 on SPEEDS WAY.