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 RICHARDS GROVE is a very small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £307,500 in February 2021, which was around 22% below the average February 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 RICHARDS GROVE since 1st 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 1 RICHARDS GROVE 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 |
---|---|---|---|
2021 12 FEB | £307,500 | £395,922 | 22% below HPI |
2006 30 JUN | £249,950 | £276,203 | 10% below HPI |
2006 23 JUN | £220,000 | £276,203 | 20% below HPI |
2003 21 MAR | £189,000 | £198,016 | 5% 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 four 1 RICHARDS GROVE sales between March 2003 and February 2021 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 June 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
1 RICHARDS GROVE is 94m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Congleton, based on EPC data. The below chart shows the distribution of detached houses by size in Congleton, and where 1 RICHARDS GROVE lies on this distribution: 20% of detached houses are smaller than 1 RICHARDS GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Congleton.
1 RICHARDS GROVE sits on a plot of roughly 10.9 acres, or 44,256m². The below map shows the location of 1 RICHARDS GROVE, 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 RICHARDS GROVE). 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 RICHARDS GROVE is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 1 on RICHARDS GROVE.