5, RAVEN CLOSE, FARNDON, CHESTER, CH3 6RJ - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RAVEN CLOSE is a small detached house of 120m², which could now be worth an estimated £392,970. It was last sold for £315,000 in October 2020, which was around 8% below the average October 2020 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

5 RAVEN CLOSE Sold Prices

Land registry data shows three sales for 5 RAVEN CLOSE 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. Two of the three 5 RAVEN CLOSE sales were for below the average price, whilst one was 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
2020 26 OCT	£315,000	£343,665	8% below HPI
2018 2 FEB	£300,000	£302,438	1% below HPI
2015 4 SEP	£310,000	£284,718	9% above HPI

5 RAVEN 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 three 5 RAVEN CLOSE sales between September 2015 and October 2020 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 February 2018 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 RAVEN CLOSE be worth now?

5 RAVEN CLOSE might now be worth an estimated £392,970.

This is based on house price inflation of 24.8%, between October 2020 and February 2025, 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 24.8% inflationary increase is applied to the most recent sale price for 5 RAVEN CLOSE of £315,000 on 26th October 2020. For the value to have increased from £315,000 to £392,970 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 RAVEN CLOSE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The October 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RAVEN CLOSE has not materially changed since October 2020.

How Large is 5 RAVEN CLOSE?

5 RAVEN CLOSE is 120m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% 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 RAVEN CLOSE lies on this distribution: 36% of detached houses houses are smaller than 5 RAVEN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Farndon.

5 RAVEN CLOSE: Plot and Title Map

5 RAVEN CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 5 RAVEN 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 RAVEN 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 RAVEN CLOSE?

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