Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 DOWNES CLOSE is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £467,500 in February 2008, which was around 55% above the average February 2008 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 DOWNES CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 1 DOWNES CLOSE 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 |
---|---|---|---|
2008 15 FEB | £467,500 | £302,238 | 55% above HPI |
1999 17 AUG | £205,000 | £123,971 | 65% above HPI |
1998 1 JUN | £184,000 | £113,751 | 62% above HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 1 DOWNES CLOSE sales between June 1998 and February 2008 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 August 1999 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2008 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.
1 DOWNES CLOSE is 172m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 1 DOWNES CLOSE lies on this distribution: 86% of detached houses are smaller than 1 DOWNES CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.
1 DOWNES CLOSE sits on a plot of roughly 0.311 of an acre, or 1,259m². The below map shows the location of 1 DOWNES 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 1 DOWNES 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.
1 DOWNES CLOSE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 1 on DOWNES CLOSE.