CHERRY BANK, DALESIDE AVENUE, WREXHAM, LL12 7TQ - £425,000

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.

CHERRY BANK is a very large detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £463,826. It was last sold for £425,000 in December 2021, which was around 52% above the average December 2021 detached price in the Wrexham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

CHERRY BANK Sold Prices

Land registry data shows three sales for CHERRY BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Two of the three CHERRY BANK sales were for above the average price, whilst one 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
2021 2 DEC	£425,000	£279,133	52% above HPI
2019 14 JAN	£300,000	£226,819	32% above HPI
2016 19 NOV	£83,714	£218,116	62% below HPI

CHERRY BANK 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 three CHERRY BANK sales between November 2016 and December 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 January 2019 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2021 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might CHERRY BANK be worth now?

CHERRY BANK might now be worth an estimated £463,826.

This is based on house price inflation of 9.1%, between December 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 9.1% inflationary increase is applied to the most recent sale price for CHERRY BANK of £425,000 on 2nd December 2021. For the value to have increased from £425,000 to £463,826 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of CHERRY BANK has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The December 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY BANK has not materially changed since December 2021.

How Large is CHERRY BANK?

CHERRY BANK is 136m² according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses houses in Wrexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wrexham, and where CHERRY BANK lies on this distribution: 80% of detached houses houses are smaller than CHERRY BANK, and 19% of houses are larger. Note that EPC data is not available for all properties in Wrexham.

CHERRY BANK: Plot and Title Map

CHERRY BANK sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of CHERRY BANK, 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 CHERRY BANK). 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 CHERRY BANK?

CHERRY BANK is located on DALESIDE AVENUE in WREXHAM, in the LL12 postcode district. The below map shows the position of CHERRY BANK on DALESIDE AVENUE.