# House prices in CW5 8 (Wrenbury)

This article reveals price per square metre data and various charts to help you understand current housing market in Wrenbury, Nantwich (CW5 8).

## Defining 'CW5 8'

This analysis is limited to properties whose postcode starts with "CW5 8", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Wrenbury.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Wrenbury is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Elm House, Sheppenhall Lane, Wrenbury, Nantwich, sold for £915,000 on Dec-2023. Given the internal area of 229 square metres, the price per sqm is £3,995.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 68 sales in Wrenbury (CW5 8) that took place in the last two years.

##### Distribution of £ per sqm for Wrenbury, Nantwich
Distribution of £ per sqm house prices in Wrenbury

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Wrenbury (CW5 8). Of the 68 transactions, half were sold for between £2,590 and £3,740 per square metre. The median, or 'middle', price per square metre in 'CW5 8' is £3,130. Notably, only 25% of properties that sold recently were valued at more than £3,740 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Wrenbury, Nantwich

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Nantwich. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Wrenbury, Nantwich

## Comparison with neighbouring postcode sectors

The table below shows how 'CW5 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CW5 5 Nantwich £2,150 sqm £2,560 sqm £3,200 sqm
CW5 6 Willaston £2,560 sqm £2,980 sqm £3,540 sqm
CW5 7 Stapeley £2,500 sqm £2,970 sqm £3,370 sqm
CW5 8 Wrenbury £2,590 sqm £3,130 sqm £3,740 sqm

## Will Nantwich house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CW5 8 (Wrenbury) compared with both the wider area CW5 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Wrenbury,Nantwich
House price trends for Wrenbury

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent CW5 8 sales
Recent trends for Wrenbury

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Nantwich to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Nantwich and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Nantwich Road, Wrenbury, CW5 8E 120 sqm £3,098 15
Weaver Brook Way, Wrenbury, CW5 8F 128 sqm £2,731 11
Sheppenhall Grove, Wrenbury, CW5 8D 165 sqm £2,338 10
Oaks Close, Wrenbury, CW5 8B 128 sqm £2,378 7
Chester Road, Wrenbury, CW5 8L 155 sqm £2,960 7
Whitchurch Road, Wrenbury, CW5 8D 102 sqm £2,804 6
Pinsley View, Wrenbury, CW5 8H 83 sqm £3,181 6
Wrenbury Road, Wrenbury, CW5 8D 150 sqm £3,067 6

## Raw data

Our analysis of Wrenbury is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.