1, RUSSET WAY, ALDERLEY EDGE, SK9 7RW - £480,000

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 RUSSET WAY is a small extended detached house of 128m², built sometime between 2003 and 2006. It was last sold for £480,000 in June 2021, which was around 17% above the average June 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

1 RUSSET WAY Sold Prices

Land registry data shows three sales for 1 RUSSET WAY since 1^st 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 RUSSET WAY 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
2021 17 JUN	£480,000	£408,746	17% above HPI
2008 23 MAY	£415,000	£293,777	41% above HPI
2004 10 DEC	£399,950	£253,311	58% above HPI

1 RUSSET WAY 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 three 1 RUSSET WAY sales between December 2004 and June 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 May 2008 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 1 RUSSET WAY?

1 RUSSET WAY is 128m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of detached houses in Wilmslow, based on EPC data. The below chart shows the distribution of detached houses by size in Wilmslow, and where 1 RUSSET WAY lies on this distribution: 30% of detached houses are smaller than 1 RUSSET WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Wilmslow.

1 RUSSET WAY: Plot and Title Map

1 RUSSET WAY sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 1 RUSSET WAY, 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 RUSSET WAY). 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 1 RUSSET WAY?

1 RUSSET WAY is located in ALDERLEY EDGE, in the SK9 postcode district. The below map shows the position of No. 1 on RUSSET WAY.