THE OAKS, HOLMES CHAPEL ROAD, LACH DENNIS, NORTHWICH, CW9 7SZ - £355,000

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 OAKS is a very small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £355,000 in October 2018, which was around 11% above the average October 2018 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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. One of the two THE OAKS sales was for above the average price, whilst the other 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
2018 23 OCT	£355,000	£321,071	11% above HPI
2016 25 OCT	£179,000	£299,337	40% below HPI

THE OAKS 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 THE OAKS sales from October 2016 and October 2018 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE OAKS?

THE OAKS is 92m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Lach Dennis, based on EPC data. The below chart shows the distribution of detached houses by size in Lach Dennis, and where THE OAKS lies on this distribution: 17% of detached houses are smaller than THE OAKS, and 83% of houses are larger. Note that EPC data is not available for all properties in Lach Dennis.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of THE OAKS, 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 OAKS). 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 OAKS?

THE OAKS is located on HOLMES CHAPEL ROAD in LACH DENNIS, in the CW9 postcode district. The below map shows the position of THE OAKS on HOLMES CHAPEL ROAD.