TIMBERS, THE SPINNEY, MARFORD, WREXHAM, LL12 8TG - £430,000

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

TIMBERS is a midsized detached house of 148m², built sometime between 1991 and 1995. It was last sold for £430,000 in April 2021, which was around 72% above the average April 2021 detached price in the Wrexham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

TIMBERS Sold Prices

Land registry data shows two sales for TIMBERS 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 TIMBERS 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
2021 12 APR	£430,000	£249,649	72% above HPI
2003 10 OCT	£275,000	£153,002	80% above HPI

TIMBERS 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 TIMBERS sales from October 2003 and April 2021 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 2003 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the April 2021 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might TIMBERS be worth now?

TIMBERS might now be worth an estimated £530,527.

This is based on house price inflation of 23.4%, between April 2021 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 23.4% inflationary increase is applied to the most recent sale price for TIMBERS of £430,000 on 12th April 2021. For the value to have increased from £430,000 to £530,527 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of TIMBERS has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The April 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of TIMBERS has not materially changed since April 2021.

How Large is TIMBERS?

TIMBERS is 148m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% 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 TIMBERS lies on this distribution: 59% of detached houses houses are smaller than TIMBERS, and 40% of houses are larger. Note that EPC data is not available for all properties in Gresford.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of TIMBERS, 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 TIMBERS). 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 TIMBERS?

TIMBERS is located on THE SPINNEY in MARFORD, in the LL12 postcode district. The below map shows the position of TIMBERS on THE SPINNEY.