LAUREL BANK, CHAPEL LANE, ROSSETT, WREXHAM, LL12 0EE - £274,925

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

LAUREL BANK is a large extended detached house of 154m², built sometime between 1900 and 1929. It was last sold for £274,925 in February 2017, which was around 24% above the average February 2017 detached price in the Wrexham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

LAUREL BANK Sold Prices

Land registry data shows two sales for LAUREL BANK 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 LAUREL BANK 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 FEB	£274,925	£221,515	24% above HPI
1999 30 JUL	£125,000	£77,911	60% above HPI

LAUREL 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 two LAUREL BANK sales from July 1999 and February 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 July 1999 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the February 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is LAUREL BANK?

LAUREL BANK is 154m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses in Rossett, based on EPC data. The below chart shows the distribution of detached houses by size in Rossett, and where LAUREL BANK lies on this distribution: 80% of detached houses are smaller than LAUREL BANK, and 20% of houses are larger. Note that EPC data is not available for all properties in Rossett.

LAUREL BANK: Plot and Title Map

LAUREL BANK sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL BANK?

LAUREL BANK is located on CHAPEL LANE in ROSSETT, in the LL12 postcode district. The below map shows the position of LAUREL BANK on CHAPEL LANE.