48, SOUTHWAY, BLACON, CHESTER, CH1 5NN - £87,000

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

48 SOUTHWAY is a small extended detached house of 99m², built sometime between 1900 and 1929. It was last sold for £87,000 in August 2001, which was around 39% below the average August 2001 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

48 SOUTHWAY Sold Prices

Land registry data shows two sales for 48 SOUTHWAY 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 48 SOUTHWAY 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
2001 3 AUG	£87,000	£142,773	39% below HPI
1996 23 JUL	£69,000	£91,235	24% below HPI

48 SOUTHWAY 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 48 SOUTHWAY sales from July 1996 and August 2001 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 July 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2001 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 48 SOUTHWAY?

48 SOUTHWAY is 99m², which includes one extension, according to the EPC inspection conducted in July 2011. 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 48 SOUTHWAY lies on this distribution: 34% of detached houses are smaller than 48 SOUTHWAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Chester.

48 SOUTHWAY: Plot and Title Map

48 SOUTHWAY sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 48 SOUTHWAY, 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 SOUTHWAY). 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 SOUTHWAY?

48 SOUTHWAY is located in BLACON, in the CH1 postcode district. The below map shows the position of No. 48 on SOUTHWAY.