7, PENNINGTONS LANE, GAWSWORTH, MACCLESFIELD, SK11 7US - £185,000

7 PENNINGTONS LANE is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £185,000 in May 2013, which was around 35% below the average May 2013 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was D.

7 PENNINGTONS LANE Sold Prices

Land registry data shows four sales for 7 PENNINGTONS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 7 PENNINGTONS LANE 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
2013 23 MAY	£185,000	£283,842	35% below HPI
2003 30 OCT	£144,000	£220,573	35% below HPI
2003 4 APR	£139,950	£202,041	31% below HPI
2002 25 APR	£115,000	£153,813	25% below HPI

7 PENNINGTONS LANE 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 four 7 PENNINGTONS LANE sales between April 2002 and May 2013 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2013 sale, which was also at 35% below the HPI.

How Large is 7 PENNINGTONS LANE?

7 PENNINGTONS LANE is 74m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 7 PENNINGTONS LANE lies on this distribution: 9% of detached houses are smaller than 7 PENNINGTONS LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

7 PENNINGTONS LANE: Plot and Title Map

7 PENNINGTONS LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 7 PENNINGTONS LANE, 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 7 PENNINGTONS LANE). 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 7 PENNINGTONS LANE?

7 PENNINGTONS LANE is located in GAWSWORTH, in the SK11 postcode district. The below map shows the position of No. 7 on PENNINGTONS LANE.