4, REECE CLOSE, MICKLE TRAFFORD, CHESTER, CH2 4DU - £285,000

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

4 REECE CLOSE is a small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £285,000 in April 2016, which was around 2% below the average April 2016 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

4 REECE CLOSE Sold Prices

Land registry data shows two sales for 4 REECE CLOSE since 1^st 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 4 REECE CLOSE 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
2016 4 APR	£285,000	£291,105	2% below HPI
1997 23 MAY	£77,000	£95,646	19% below HPI

4 REECE CLOSE 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 two 4 REECE CLOSE sales from May 1997 and April 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 May 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 REECE CLOSE?

4 REECE CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Mickle Trafford, based on EPC data. The below chart shows the distribution of detached houses by size in Mickle Trafford, and where 4 REECE CLOSE lies on this distribution: 31% of detached houses are smaller than 4 REECE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Mickle Trafford.

4 REECE CLOSE: Plot and Title Map

4 REECE CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 REECE 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 REECE 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.

Where is 4 REECE CLOSE?

4 REECE CLOSE is located in MICKLE TRAFFORD, in the CH2 postcode district. The below map shows the position of No. 4 on REECE CLOSE.