MARSH BANK, MARSH LANE, ELTON, CHESTER, CH2 4LP - £300,000

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

MARSH BANK is a large detached house of 107m², built sometime between 1991 and 1995. It was last sold for £300,000 in January 2023, which was around 28% below the average January 2023 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

MARSH BANK Sold Prices

Land registry data shows three sales for MARSH 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 Cheshire West and Chester local authority area for the corresponding sale date. All of the three MARSH BANK 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
2023 18 JAN	£300,000	£416,715	28% below HPI
2021 15 FEB	£245,000	£354,004	31% below HPI
2002 10 JAN	£127,500	£148,330	14% below HPI

MARSH BANK 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 MARSH BANK sales between January 2002 and January 2023 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 February 2021 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is MARSH BANK?

MARSH BANK is 107m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Elton, based on EPC data. The below chart shows the distribution of detached houses by size in Elton, and where MARSH BANK lies on this distribution: 69% of detached houses are smaller than MARSH BANK, and 29% of houses are larger. Note that EPC data is not available for all properties in Elton.

MARSH BANK: Plot and Title Map

MARSH BANK sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of MARSH 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 MARSH 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 MARSH BANK?

MARSH BANK is located on MARSH LANE in ELTON, in the CH2 postcode district. The below map shows the position of MARSH BANK on MARSH LANE.