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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE OAKS is a very small extended detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £478,009. 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	£318,402	11% above HPI
2016 25 OCT	£179,000	£296,849	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.

What might THE OAKS be worth now?

THE OAKS might now be worth an estimated £478,009.

This is based on house price inflation of 34.7%, between October 2018 and February 2025, for detached houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.7% inflationary increase is applied to the most recent sale price for THE OAKS of £355,000 on 23rd October 2018. For the value to have increased from £355,000 to £478,009 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of THE OAKS has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The October 2018 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of THE OAKS has not materially changed since October 2018.

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 houses in Lach Dennis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lach Dennis, and where THE OAKS lies on this distribution: 17% of detached houses 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 0.906 of an acre, or 3,667m². 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.