11, SCHOLARS CLOSE, MACCLESFIELD, SK10 3JS - £492,500

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

11 SCHOLARS CLOSE is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £492,500 in June 2018, which was around 40% above the average June 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

11 SCHOLARS CLOSE Sold Prices

Land registry data shows two sales for 11 SCHOLARS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two 11 SCHOLARS 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
2018 29 JUN	£492,500	£351,271	40% above HPI
2000 28 JUL	£192,500	£128,580	50% above HPI

11 SCHOLARS CLOSE 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 two 11 SCHOLARS CLOSE sales from July 2000 and June 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 July 2000 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2018 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 11 SCHOLARS CLOSE?

11 SCHOLARS CLOSE is 174m² according to the EPC inspection conducted in June 2018. 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 11 SCHOLARS CLOSE lies on this distribution: 87% of detached houses are smaller than 11 SCHOLARS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

11 SCHOLARS CLOSE: Plot and Title Map

11 SCHOLARS CLOSE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 11 SCHOLARS 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 11 SCHOLARS 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.

Where is 11 SCHOLARS CLOSE?

11 SCHOLARS CLOSE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 11 on SCHOLARS CLOSE.