ROSE COTTAGE, NARROW LANE, GRESFORD, WREXHAM, LL12 8EN - £227,000

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

ROSE COTTAGE is a midsized extended detached house of 125m², built sometime before 1900. It was last sold for £227,000 in April 2021, which was around 9% below the average April 2021 detached price in the Wrexham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was F, and the potential energy rating was D.

ROSE COTTAGE Sold Prices

Land registry data shows three sales for ROSE 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. One of the three ROSE COTTAGE sales was for below the average price, whilst two 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
2021 20 APR	£227,000	£248,290	9% below HPI
2006 14 SEP	£281,700	£209,830	34% above HPI
1997 25 APR	£83,950	£67,864	24% above HPI

ROSE 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 ROSE COTTAGE sales between April 1997 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 September 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 125m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 ROSE COTTAGE lies on this distribution: 46% of detached houses are smaller than ROSE COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Gresford.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on NARROW LANE in GRESFORD, in the LL12 postcode district. The below map shows the position of ROSE COTTAGE on NARROW LANE.