27, MELKSHAM CLOSE, MACCLESFIELD, SK11 8NH - £239,950

27 MELKSHAM CLOSE is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £239,950 in March 2015, which was around 22% below the average March 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

27 MELKSHAM CLOSE Sold Prices

Land registry data shows two sales for 27 MELKSHAM CLOSE 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 East local authority area for the corresponding sale date. Both of the two 27 MELKSHAM CLOSE sales were 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
2015 18 MAR	£239,950	£307,735	22% below HPI
2003 9 DEC	£182,000	£221,799	18% below HPI

27 MELKSHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 27 MELKSHAM CLOSE sales from December 2003 and March 2015 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 December 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 27 MELKSHAM CLOSE?

27 MELKSHAM CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 27 MELKSHAM CLOSE lies on this distribution: 15% of detached houses are smaller than 27 MELKSHAM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

27 MELKSHAM CLOSE: Plot and Title Map

27 MELKSHAM CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 27 MELKSHAM CLOSE, 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 27 MELKSHAM CLOSE). 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 27 MELKSHAM CLOSE?

27 MELKSHAM CLOSE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 27 on MELKSHAM CLOSE.