8, DERWEN, CHIRK, WREXHAM, LL14 5BZ - £180,000

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.

8 DERWEN is a very small detached house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £216,022. It was last sold for £180,000 in June 2021, which was around 29% below the average June 2021 detached price in the Wrexham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 DERWEN Sold Prices

Land registry data shows six sales for 8 DERWEN since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. All of the six 8 DERWEN 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 17 JUN	£180,000	£253,835	29% below HPI
2020 27 NOV	£165,000	£240,998	32% below HPI
2017 26 MAY	£134,000	£222,942	40% below HPI
2006 18 JUL	£140,000	£202,912	31% below HPI
2003 7 NOV	£115,000	£154,514	26% below HPI
1995 16 MAY	£54,000	£63,733	15% below HPI

8 DERWEN 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 six 8 DERWEN sales between May 1995 and June 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 November 2020 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 DERWEN be worth now?

8 DERWEN might now be worth an estimated £216,022.

This is based on house price inflation of 20%, between June 2021 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 20% inflationary increase is applied to the most recent sale price for 8 DERWEN of £180,000 on 17th June 2021. For the value to have increased from £180,000 to £216,022 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 DERWEN has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The June 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DERWEN has not materially changed since June 2021.

How Large is 8 DERWEN?

8 DERWEN is 62m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Chirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chirk, and where 8 DERWEN lies on this distribution: 2% of detached houses houses are smaller than 8 DERWEN, and 98% of houses are larger. Note that EPC data is not available for all properties in Chirk.

8 DERWEN: Plot and Title Map

8 DERWEN sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 8 DERWEN, 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 8 DERWEN). 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 8 DERWEN?

8 DERWEN is located in CHIRK, in the LL14 postcode district. The below map shows the position of No. 8 on DERWEN.