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

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

38 WINCHESTER WAY is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £240,000 in March 2022, which was around 12% 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	£273,037	12% below HPI
2018 17 JUL	£176,000	£224,125	21% below HPI
2008 10 JAN	£187,500	£225,253	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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

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 in Gresford, based on EPC data. The below chart shows the distribution of detached houses by size in Gresford, and where 38 WINCHESTER WAY lies on this distribution: 2% of detached 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.