9, FERN CLOSE, CROSS LANES, WREXHAM, LL13 0RZ - £450,000

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

9 FERN CLOSE is a very large extended detached house of 215m², built sometime between 1996 and 2002. It was last sold for £450,000 in January 2024, which was around 54% above the average January 2024 detached price in the Wrexham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

9 FERN CLOSE Sold Prices

Land registry data shows two sales for 9 FERN 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 Wrexham local authority area for the corresponding sale date. Both of the two 9 FERN CLOSE sales 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
2024 31 JAN	£450,000	£292,400	54% above HPI
2003 3 FEB	£282,500	£130,345	117% above HPI

9 FERN CLOSE 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 two 9 FERN CLOSE sales from February 2003 and January 2024 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 February 2003 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the January 2024 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 9 FERN CLOSE?

9 FERN CLOSE is 215m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 10% of detached houses in Cross Lanes, based on EPC data. The below chart shows the distribution of detached houses by size in Cross Lanes, and where 9 FERN CLOSE lies on this distribution: 95% of detached houses are smaller than 9 FERN CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Cross Lanes.

9 FERN CLOSE: Plot and Title Map

9 FERN CLOSE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 9 FERN 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 9 FERN 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 9 FERN CLOSE?

9 FERN CLOSE is located in CROSS LANES, in the LL13 postcode district. The below map shows the position of No. 9 on FERN CLOSE.