1, SPENCER MEWS, PRESTBURY, MACCLESFIELD, SK10 4GY - £435,000

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 SPENCER MEWS is a very small extended semi-detached house of 92m², built sometime between 1983 and 1990. It was last sold for £435,000 in July 2018, which was around 23% above the average July 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

1 SPENCER MEWS Sold Prices

Land registry data shows three sales for 1 SPENCER MEWS 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. Two of the three 1 SPENCER MEWS sales were for above the average price, whilst one was 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
2018 20 JUL	£435,000	£353,634	23% above HPI
2015 21 DEC	£295,000	£315,730	7% below HPI
2002 30 APR	£219,950	£153,813	43% above HPI

1 SPENCER MEWS 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 SPENCER MEWS sales between April 2002 and July 2018 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 December 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 1 SPENCER MEWS?

1 SPENCER MEWS is 92m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 1 SPENCER MEWS lies on this distribution: 2% of detached houses are smaller than 1 SPENCER MEWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

1 SPENCER MEWS: Plot and Title Map

1 SPENCER MEWS sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 1 SPENCER MEWS, 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 SPENCER MEWS). 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 SPENCER MEWS?

1 SPENCER MEWS is located in PRESTBURY, in the SK10 postcode district. The below map shows the position of No. 1 on SPENCER MEWS.