5, SPEEDS WAY, FARNDON, CHESTER, CH3 6QN - £310,000

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

5 SPEEDS WAY is a large detached house of 135m², built sometime between 1983 and 1990. It was last sold for £310,000 in December 2013, which was around 18% above the average December 2013 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

5 SPEEDS WAY Sold Prices

Land registry data shows two sales for 5 SPEEDS WAY 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 SPEEDS WAY sales 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
2013 6 DEC	£310,000	£263,296	18% above HPI
1996 29 AUG	£110,000	£92,001	20% above HPI

5 SPEEDS WAY 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 SPEEDS WAY sales from August 1996 and December 2013 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 1996 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2013 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 5 SPEEDS WAY?

5 SPEEDS WAY is 135m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Farndon, based on EPC data. The below chart shows the distribution of detached houses by size in Farndon, and where 5 SPEEDS WAY lies on this distribution: 61% of detached houses are smaller than 5 SPEEDS WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Farndon.

5 SPEEDS WAY: Plot and Title Map

5 SPEEDS WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 5 SPEEDS WAY, 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 SPEEDS WAY). 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 SPEEDS WAY?

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