7, CEDAR CLOSE, LOSTOCK GRALAM, NORTHWICH, CW9 7XA - £265,000

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

7 CEDAR CLOSE is a midsized extended detached house of 112m², built sometime between 1991 and 1995. It was last sold for £265,000 in January 2021, which was around 25% below the average January 2021 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

7 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 7 CEDAR 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 7 CEDAR 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
2021 29 JAN	£265,000	£351,622	25% below HPI
2020 19 JUN	£170,000	£325,403	48% below HPI

7 CEDAR 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 7 CEDAR CLOSE sales from June 2020 and January 2021 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 June 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 CEDAR CLOSE?

7 CEDAR CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 40% of detached houses in Lostock Gralam, based on EPC data. The below chart shows the distribution of detached houses by size in Lostock Gralam, and where 7 CEDAR CLOSE lies on this distribution: 60% of detached houses are smaller than 7 CEDAR CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Lostock Gralam.

7 CEDAR CLOSE: Plot and Title Map

7 CEDAR CLOSE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 7 CEDAR 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 7 CEDAR 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 7 CEDAR CLOSE?

7 CEDAR CLOSE is located in LOSTOCK GRALAM, in the CW9 postcode district. The below map shows the position of No. 7 on CEDAR CLOSE.