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
4 BANK CLOSE is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £267,000 in June 2013, which was around 3% above the average June 2013 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 4 BANK CLOSE 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. One of the two 4 BANK CLOSE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2013 21 JUN | £267,000 | £259,166 | 3% above HPI |
2012 17 MAY | £192,000 | £257,345 | 25% below 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 4 BANK CLOSE sales from May 2012 and June 2013 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 May 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2013 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
4 BANK CLOSE is 91m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 4 BANK CLOSE lies on this distribution: 26% of detached houses are smaller than 4 BANK CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Chester.
4 BANK CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 4 BANK 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 4 BANK 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.
4 BANK CLOSE is located in CHESTER, in the CH2 postcode district. The below map shows the position of No. 4 on BANK CLOSE.