ROMAR, MARSH LANE, ELTON, CHESTER, CH2 4LP - £220,000

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

ROMAR is a midsized detached house of 87m², built sometime between 1991 and 1995. It was last sold for £220,000 in April 2021, which was around 39% below the average April 2021 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

ROMAR Sold Prices

Land registry data shows two sales for ROMAR since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. Both of the two ROMAR 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 30 APR	£220,000	£359,981	39% below HPI
1995 11 AUG	£77,500	£91,400	15% below HPI

ROMAR 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 two ROMAR sales from August 1995 and April 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 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is ROMAR?

ROMAR is 87m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Elton, based on EPC data. The below chart shows the distribution of detached houses by size in Elton, and where ROMAR lies on this distribution: 42% of detached houses are smaller than ROMAR, and 57% of houses are larger. Note that EPC data is not available for all properties in Elton.

ROMAR: Plot and Title Map

ROMAR sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of ROMAR, 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 ROMAR). 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 ROMAR?

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