Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 FAIRACRE DRIVE is a large detached house of 130m². It was last sold for £222,000 in April 2010, which was around 22% below the average April 2010 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 FAIRACRE DRIVE 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 FAIRACRE DRIVE 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 |
---|---|---|---|
2010 16 APR | £222,000 | £285,273 | 22% below HPI |
2008 4 AUG | £221,000 | £297,439 | 26% below HPI |
2003 28 FEB | £179,950 | £193,986 | 7% below 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 FAIRACRE DRIVE sales between February 2003 and April 2010 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 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2010 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
1 FAIRACRE DRIVE is 130m² according to the EPC inspection conducted in November 2009. This puts it in the largest 30% of detached houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses by size in Middlewich, and where 1 FAIRACRE DRIVE lies on this distribution: 77% of detached houses are smaller than 1 FAIRACRE DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
1 FAIRACRE DRIVE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 1 FAIRACRE DRIVE, 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 FAIRACRE DRIVE). 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 FAIRACRE DRIVE is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 1 on FAIRACRE DRIVE.