5, CORMORANT CLOSE, FARNDON, CHESTER, CH3 6SG - £370,000

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

5 CORMORANT CLOSE is a very small detached house of 99m², which could now be worth an estimated £391,760. It was last sold for £370,000 in September 2023, which was around 8% below the average September 2023 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

5 CORMORANT CLOSE Sold Prices

Land registry data shows two sales for 5 CORMORANT 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 5 CORMORANT 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
2023 28 SEP	£370,000	£402,712	8% below HPI
2018 28 SEP	£303,995	£317,634	4% below HPI

5 CORMORANT 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 5 CORMORANT CLOSE sales from September 2018 and September 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 September 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2023 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 CORMORANT CLOSE be worth now?

5 CORMORANT CLOSE might now be worth an estimated £391,760.

This is based on house price inflation of 5.9%, between September 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 5.9% inflationary increase is applied to the most recent sale price for 5 CORMORANT CLOSE of £370,000 on 28th September 2023. For the value to have increased from £370,000 to £391,760 over the nine months to December 2024, the following assumptions must hold true:

• The value of 5 CORMORANT CLOSE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The September 2023 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CORMORANT CLOSE has not materially changed since September 2023.

How Large is 5 CORMORANT CLOSE?

5 CORMORANT CLOSE is 99m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Farndon, and where 5 CORMORANT CLOSE lies on this distribution: 17% of detached houses houses are smaller than 5 CORMORANT CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Farndon.

5 CORMORANT CLOSE: Plot and Title Map

5 CORMORANT CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5 CORMORANT 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 5 CORMORANT 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 5 CORMORANT CLOSE?

5 CORMORANT CLOSE is located in FARNDON, in the CH3 postcode district. The below map shows the position of No. 5 on CORMORANT CLOSE.