OAKMEADE, MARSH LANE, ELTON, CHESTER, CH2 4LP - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAKMEADE is a large detached house of 107m², built sometime between 1991 and 1995. It was last sold for £245,000 in December 2021, which was around 35% below the average December 2021 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

OAKMEADE Sold Prices

Land registry data shows six sales for OAKMEADE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the six OAKMEADE 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
2021 15 DEC	£245,000	£377,088	35% below HPI
2016 25 AUG	£200,000	£297,345	33% below HPI
2013 5 NOV	£200,000	£265,259	25% below HPI
2008 25 JAN	£240,000	£280,843	15% below HPI
2002 25 JAN	£115,000	£148,330	22% below HPI
1995 31 MAY	£75,000	£89,174	16% below HPI

OAKMEADE 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 six OAKMEADE sales between May 1995 and December 2021 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 August 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is OAKMEADE?

OAKMEADE is 107m² according to the EPC inspection conducted in October 2013. 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 OAKMEADE lies on this distribution: 69% of detached houses are smaller than OAKMEADE, and 29% of houses are larger. Note that EPC data is not available for all properties in Elton.

OAKMEADE: Plot and Title Map

OAKMEADE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of OAKMEADE, 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 OAKMEADE). 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 OAKMEADE?

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