GREENLEA, WASTE LANE, OAKMERE, NORTHWICH, CW8 2HG - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GREENLEA is a very small extended detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £501,350. It was last sold for £475,000 in October 2022, which was around 17% above the average October 2022 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

GREENLEA Sold Prices

Land registry data shows three sales for GREENLEA 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. One of the three GREENLEA sales was for above the average price, whilst two 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
2022 5 OCT	£475,000	£406,197	17% above HPI
2014 17 OCT	£220,000	£273,586	20% below HPI
2006 31 JAN	£180,000	£249,473	28% below HPI

GREENLEA 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 GREENLEA sales between January 2006 and October 2022 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 October 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might GREENLEA be worth now?

GREENLEA might now be worth an estimated £501,350.

This is based on house price inflation of 5.5%, between October 2022 and February 2025, for detached houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for GREENLEA of £475,000 on 5th October 2022. For the value to have increased from £475,000 to £501,350 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of GREENLEA has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The October 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of GREENLEA has not materially changed since October 2022.

How Large is GREENLEA?

GREENLEA is 114m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses houses in Delamere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Delamere, and where GREENLEA lies on this distribution: 14% of detached houses houses are smaller than GREENLEA, and 85% of houses are larger. Note that EPC data is not available for all properties in Delamere.

GREENLEA: Plot and Title Map

GREENLEA sits on a plot of roughly 1.3 acres, or 5,422m². The below map shows the location of GREENLEA, 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 GREENLEA). 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 GREENLEA?

GREENLEA is located on WASTE LANE in OAKMERE, in the CW8 postcode district. The below map shows the position of GREENLEA on WASTE LANE.