48, MILL LANE, UPTON, CHESTER, CH2 1BT - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 MILL LANE is a large extended detached house of 146m², built sometime between 1930 and 1949. It was last sold for £400,000 in December 2023, which was around 2% below the average December 2023 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

48 MILL LANE Sold Prices

Land registry data shows three sales for 48 MILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. One of the three 48 MILL LANE sales was for below the average price, whilst two were for above 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
2023 14 DEC	£400,000	£406,563	2% below HPI
2003 29 MAY	£287,500	£184,185	56% above HPI
1995 4 MAY	£108,000	£88,432	22% above HPI

48 MILL LANE 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 three 48 MILL LANE sales between May 1995 and December 2023 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 2003 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 48 MILL LANE be worth now?

48 MILL LANE might now be worth an estimated £419,513.

This is based on house price inflation of 4.9%, between December 2023 and December 2024, for detached houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% inflationary increase is applied to the most recent sale price for 48 MILL LANE of £400,000 on 14th December 2023. For the value to have increased from £400,000 to £419,513 over the one year to December 2024, the following assumptions must hold true:

• The value of 48 MILL LANE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The December 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MILL LANE has not materially changed since December 2023.

How Large is 48 MILL LANE?

48 MILL LANE is 146m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses houses in Chester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chester, and where 48 MILL LANE lies on this distribution: 74% of detached houses houses are smaller than 48 MILL LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Chester.

48 MILL LANE: Plot and Title Map

48 MILL LANE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 48 MILL 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 48 MILL 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.

Where is 48 MILL LANE?

48 MILL LANE is located in UPTON, in the CH2 postcode district. The below map shows the position of No. 48 on MILL LANE.