40, FLAG LANE NORTH, UPTON, CHESTER, CH2 1LE - £340,000

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

40 FLAG LANE NORTH is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £340,000 in February 2018, which was around 11% above the average February 2018 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

40 FLAG LANE NORTH Sold Prices

Land registry data shows two sales for 40 FLAG LANE NORTH 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. One of the two 40 FLAG LANE NORTH 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
2018 16 FEB	£340,000	£304,973	11% above HPI
2010 4 JUN	£250,000	£262,448	5% below HPI

40 FLAG LANE NORTH 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 40 FLAG LANE NORTH sales from June 2010 and February 2018 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 June 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 40 FLAG LANE NORTH?

40 FLAG LANE NORTH is 99m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 40 FLAG LANE NORTH lies on this distribution: 33% of detached houses are smaller than 40 FLAG LANE NORTH, and 66% of houses are larger. Note that EPC data is not available for all properties in Chester.

40 FLAG LANE NORTH: Plot and Title Map

40 FLAG LANE NORTH sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 40 FLAG LANE NORTH, 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 40 FLAG LANE NORTH). 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 40 FLAG LANE NORTH?

40 FLAG LANE NORTH is located in UPTON, in the CH2 postcode district. The below map shows the position of No. 40 on FLAG LANE NORTH.