8, ECHO CLOSE, SALTNEY, CHESTER, CH4 8PS - £165,000

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

8 ECHO CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £165,000 in January 2020, which was around 49% below the average January 2020 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

8 ECHO CLOSE Sold Prices

Land registry data shows three sales for 8 ECHO CLOSE 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. All of the three 8 ECHO 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
2020 28 JAN	£165,000	£325,575	49% below HPI
2001 17 DEC	£89,000	£147,824	40% below HPI
1996 28 JUN	£59,950	£88,988	33% below HPI

8 ECHO 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 three 8 ECHO CLOSE sales between June 1996 and January 2020 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 December 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 8 ECHO CLOSE?

8 ECHO CLOSE is 83m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 8 ECHO CLOSE lies on this distribution: 18% of detached houses are smaller than 8 ECHO CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Chester.

8 ECHO CLOSE: Plot and Title Map

8 ECHO CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 8 ECHO 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 8 ECHO 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 8 ECHO CLOSE?

8 ECHO CLOSE is located in SALTNEY, in the CH4 postcode district. The below map shows the position of No. 8 on ECHO CLOSE.