7, THE SHIPGATE, CHESTER, CH1 1RA - £265,000

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

7 THE SHIPGATE is a very small extended detached house of 73m², built sometime between 1996 and 2002. It was last sold for £265,000 in May 2017, which was around 10% below the average May 2017 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

7 THE SHIPGATE Sold Prices

Land registry data shows three sales for 7 THE SHIPGATE 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. One of the three 7 THE SHIPGATE sales was for below the average price, whilst two 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
2017 18 MAY	£265,000	£295,548	10% below HPI
2003 21 NOV	£250,000	£208,687	20% above HPI
2001 25 JUN	£199,000	£137,311	45% above HPI

7 THE SHIPGATE 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 7 THE SHIPGATE sales between June 2001 and May 2017 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 November 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 THE SHIPGATE be worth now?

7 THE SHIPGATE might now be worth an estimated £382,323.

This is based on house price inflation of 44.3%, between May 2017 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 44.3% inflationary increase is applied to the most recent sale price for 7 THE SHIPGATE of £265,000 on 18th May 2017. For the value to have increased from £265,000 to £382,323 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 7 THE SHIPGATE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The May 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE SHIPGATE has not materially changed since May 2017.

How Large is 7 THE SHIPGATE?

7 THE SHIPGATE is 73m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Chester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chester, and where 7 THE SHIPGATE lies on this distribution: 8% of detached houses houses are smaller than 7 THE SHIPGATE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chester.

7 THE SHIPGATE: Plot and Title Map

7 THE SHIPGATE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 7 THE SHIPGATE, 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 THE SHIPGATE). 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 THE SHIPGATE?

7 THE SHIPGATE is located in CHESTER, in the CH1 postcode district. The below map shows the position of No. 7 on THE SHIPGATE.