Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
40 HUGHES LANE is a midsized detached house of 130m². It was last sold for £420,000 in December 2022, which was about the average December 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 40 HUGHES LANE 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 40 HUGHES LANE sales was roughly equal to 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 |
---|---|---|---|
2022 16 DEC | £420,000 | £417,991 | Close to HPI |
2017 9 AUG | £300,000 | £305,802 | 2% 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 40 HUGHES LANE sales from August 2017 and December 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 August 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
40 HUGHES LANE is 130m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Malpas, based on EPC data. The below chart shows the distribution of detached houses by size in Malpas, and where 40 HUGHES LANE lies on this distribution: 48% of detached houses are smaller than 40 HUGHES LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Malpas.
40 HUGHES LANE sits on a plot of roughly 4.0 acres, or 16,172m². The below map shows the location of 40 HUGHES LANE, 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 HUGHES LANE). 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.
40 HUGHES LANE is located in MALPAS, in the SY14 postcode district. The below map shows the position of No. 40 on HUGHES LANE.