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 LOWER PARK ROAD is a very large detached house of 197m², built sometime between 1983 and 1990. It was last sold for £710,138 in December 2020, which was around 102% above the average December 2020 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 LOWER PARK ROAD since 1st 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. One of the two 8 LOWER PARK ROAD sales was for above the average price, whilst the other was 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 11 DEC | £710,138 | £352,327 | 102% above HPI |
1997 7 MAR | £75,000 | £92,683 | 19% below HPI |
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 8 LOWER PARK ROAD sales from March 1997 and December 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 March 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2020 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.
8 LOWER PARK ROAD is 197m² according to the EPC inspection conducted in July 2014. This puts it in the largest 10% 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 LOWER PARK ROAD lies on this distribution: 92% of detached houses are smaller than 8 LOWER PARK ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Chester.
8 LOWER PARK ROAD sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 8 LOWER PARK ROAD, 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 LOWER PARK ROAD). 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.
8 LOWER PARK ROAD is located in CHESTER, in the CH4 postcode district. The below map shows the position of No. 8 on LOWER PARK ROAD.