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

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

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 77% 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	£279,004	77% above HPI
2019 2 OCT	£385,000	£233,882	65% 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 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2022 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is THE DORMERS?

THE DORMERS is 149m² according to the EPC inspection conducted in July 2021. This puts it in the largest 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 THE DORMERS lies on this distribution: 59% of detached 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.