38, WINCHESTER WAY, GRESFORD, WREXHAM, LL12 8HL - £240,000

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

38 WINCHESTER WAY is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £269,271. It was last sold for £240,000 in March 2022, which was around 13% below the average March 2022 detached price in the Wrexham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

38 WINCHESTER WAY Sold Prices

Land registry data shows three sales for 38 WINCHESTER WAY 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. All of the three 38 WINCHESTER 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
2022 4 MAR	£240,000	£274,531	13% below HPI
2018 17 JUL	£176,000	£225,351	22% below HPI
2008 10 JAN	£187,500	£226,485	17% below HPI

38 WINCHESTER WAY 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 38 WINCHESTER WAY sales between January 2008 and March 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 July 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 38 WINCHESTER WAY be worth now?

38 WINCHESTER WAY might now be worth an estimated £269,271.

This is based on house price inflation of 12.2%, between March 2022 and December 2024, for detached houses, in the Wrexham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 38 WINCHESTER WAY of £240,000 on 4th March 2022. For the value to have increased from £240,000 to £269,271 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 38 WINCHESTER WAY has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The March 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 38 WINCHESTER WAY has not materially changed since March 2022.

How Large is 38 WINCHESTER WAY?

38 WINCHESTER WAY is 56m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses houses in Gresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gresford, and where 38 WINCHESTER WAY lies on this distribution: 2% of detached houses houses are smaller than 38 WINCHESTER WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Gresford.

38 WINCHESTER WAY: Plot and Title Map

38 WINCHESTER WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 38 WINCHESTER 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 38 WINCHESTER 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 38 WINCHESTER WAY?

38 WINCHESTER WAY is located in GRESFORD, in the LL12 postcode district. The below map shows the position of No. 38 on WINCHESTER WAY.