HOLLY COTTAGE, KILN LANE, CROSS LANES, WREXHAM, LL13 0TG - £250,000

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.

HOLLY COTTAGE is a very small detached house of 82m², built sometime between 2007 and 2011, which could now be worth an estimated £258,186. It was last sold for £250,000 in August 2024, which was around 15% below the average August 2024 detached price in the Wrexham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows two sales for HOLLY COTTAGE 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 HOLLY COTTAGE 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
2024 2 AUG	£250,000	£294,974	15% below HPI
2019 29 JUL	£162,000	£230,235	30% below HPI

HOLLY COTTAGE 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 HOLLY COTTAGE sales from July 2019 and August 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 July 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2024 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £258,186.

This is based on house price inflation of 3.3%, between August 2024 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 3.3% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £250,000 on 2nd August 2024. For the value to have increased from £250,000 to £258,186 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The August 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since August 2024.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 82m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses houses in Cross Lanes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cross Lanes, and where HOLLY COTTAGE lies on this distribution: 2% of detached houses houses are smaller than HOLLY COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cross Lanes.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of HOLLY COTTAGE, 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 HOLLY COTTAGE). 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on KILN LANE in CROSS LANES, in the LL13 postcode district. The below map shows the position of HOLLY COTTAGE on KILN LANE.