6, LAUREL CLOSE, MARFORD, WREXHAM, LL12 8XQ - £322,500

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.

6 LAUREL CLOSE is a midsized extended detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £432,815. It was last sold for £322,500 in February 2019, which was around 42% above the average February 2019 detached price in the Wrexham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

6 LAUREL CLOSE Sold Prices

Land registry data shows four sales for 6 LAUREL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. All of the four 6 LAUREL CLOSE 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
2019 1 FEB	£322,500	£226,989	42% above HPI
2001 28 SEP	£110,000	£99,051	11% above HPI
2000 11 FEB	£88,500	£82,177	8% above HPI
1998 17 APR	£74,000	£73,076	1% above HPI

6 LAUREL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The four 6 LAUREL CLOSE sales between April 1998 and February 2019 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 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2019 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 6 LAUREL CLOSE be worth now?

6 LAUREL CLOSE might now be worth an estimated £432,815.

This is based on house price inflation of 34.2%, between February 2019 and February 2025, for detached houses, in the Wrexham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.2% inflationary increase is applied to the most recent sale price for 6 LAUREL CLOSE of £322,500 on 1st February 2019. For the value to have increased from £322,500 to £432,815 over the six years to February 2025, the following assumptions must hold true:

• The value of 6 LAUREL CLOSE has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The February 2019 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 6 LAUREL CLOSE has not materially changed since February 2019.

How Large is 6 LAUREL CLOSE?

6 LAUREL CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses houses in Gresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gresford, and where 6 LAUREL CLOSE lies on this distribution: 53% of detached houses houses are smaller than 6 LAUREL CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Gresford.

6 LAUREL CLOSE: Plot and Title Map

6 LAUREL CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 6 LAUREL 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 6 LAUREL 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 6 LAUREL CLOSE?

6 LAUREL CLOSE is located in MARFORD, in the LL12 postcode district. The below map shows the position of No. 6 on LAUREL CLOSE.