THE DORMERS, SPRINGFIELD LANE, MARFORD, WREXHAM, LL12 8TF - £495,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE DORMERS is a midsized detached house of 149m², built sometime between 1983 and 1990. It was last sold for £495,000 in May 2022, which was around 76% above the average May 2022 detached price in the Wrexham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

THE DORMERS Sold Prices

Land registry data shows two sales for THE DORMERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Both of the two THE DORMERS sales 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
2022 24 MAY	£495,000	£280,531	76% above HPI
2019 2 OCT	£385,000	£235,162	64% above HPI

THE DORMERS 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 two THE DORMERS sales from October 2019 and May 2022 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 October 2019 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the May 2022 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might THE DORMERS be worth now?

THE DORMERS might now be worth an estimated £543,492.

This is based on house price inflation of 9.8%, between May 2022 and December 2024, for detached houses, in the Wrexham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for THE DORMERS of £495,000 on 24th May 2022. For the value to have increased from £495,000 to £543,492 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of THE DORMERS has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The May 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of THE DORMERS has not materially changed since May 2022.

How Large is THE DORMERS?

THE DORMERS is 149m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses houses in Gresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gresford, and where THE DORMERS lies on this distribution: 60% of detached houses houses are smaller than THE DORMERS, and 40% of houses are larger. Note that EPC data is not available for all properties in Gresford.

THE DORMERS: Plot and Title Map

THE DORMERS sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of THE DORMERS, 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 THE DORMERS). 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 THE DORMERS?

THE DORMERS is located on SPRINGFIELD LANE in MARFORD, in the LL12 postcode district. The below map shows the position of THE DORMERS on SPRINGFIELD LANE.