JESSAMINE COTTAGE, SPRINGFIELD LANE, MARFORD, WREXHAM, LL12 8TF - £290,000

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

JESSAMINE COTTAGE is a midsized detached house of 120m², built sometime before 1900. It was last sold for £290,000 in November 2017, which was around 32% above the average November 2017 detached price in the Wrexham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was G, and the potential energy rating was D.

JESSAMINE COTTAGE Sold Prices

Land registry data shows three sales for JESSAMINE COTTAGE 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. All of the three JESSAMINE COTTAGE 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
2017 15 NOV	£290,000	£220,521	32% above HPI
2005 9 DEC	£332,500	£199,750	66% above HPI
2004 23 APR	£255,000	£155,243	64% above HPI

JESSAMINE 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 three JESSAMINE COTTAGE sales between April 2004 and November 2017 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 December 2005 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the November 2017 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is JESSAMINE COTTAGE?

JESSAMINE COTTAGE is 120m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Gresford, based on EPC data. The below chart shows the distribution of detached houses by size in Gresford, and where JESSAMINE COTTAGE lies on this distribution: 42% of detached houses are smaller than JESSAMINE COTTAGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Gresford.

JESSAMINE COTTAGE: Plot and Title Map

JESSAMINE COTTAGE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of JESSAMINE 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 JESSAMINE 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 JESSAMINE COTTAGE?

JESSAMINE COTTAGE is located on SPRINGFIELD LANE in MARFORD, in the LL12 postcode district. The below map shows the position of JESSAMINE COTTAGE on SPRINGFIELD LANE.