SORBIE, WASTE LANE, OAKMERE, NORTHWICH, CW8 2HG - £460,000

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

SORBIE is a very small extended detached house of 93m², built sometime between 1900 and 1929. It was last sold for £460,000 in March 2019, which was around 44% above the average March 2019 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was F, and the potential energy rating was B.

SORBIE Sold Prices

Land registry data shows three sales for SORBIE 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. Two of the three SORBIE sales were for above the average price, whilst one was 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
2019 27 MAR	£460,000	£319,835	44% above HPI
2017 24 APR	£300,000	£295,693	1% above HPI
2015 3 NOV	£265,000	£287,092	8% below HPI

SORBIE 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 SORBIE sales between November 2015 and March 2019 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 April 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2019 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is SORBIE?

SORBIE is 93m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Delamere, based on EPC data. The below chart shows the distribution of detached houses by size in Delamere, and where SORBIE lies on this distribution: 6% of detached houses are smaller than SORBIE, and 94% of houses are larger. Note that EPC data is not available for all properties in Delamere.

SORBIE: Plot and Title Map

SORBIE sits on a plot of roughly 1.3 acres, or 5,422m². The below map shows the location of SORBIE, 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 SORBIE). 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 SORBIE?

SORBIE is located on WASTE LANE in OAKMERE, in the CW8 postcode district. The below map shows the position of SORBIE on WASTE LANE.