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
12 PENNINGTONS LANE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £49,000 in June 1998, which was around 57% below the average June 1998 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 12 PENNINGTONS LANE since 1st 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 12 PENNINGTONS LANE 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 |
---|---|---|---|
1998 12 JUN | £49,000 | £113,751 | 57% below HPI |
1995 16 JUN | £36,500 | £94,409 | 61% 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 two 12 PENNINGTONS LANE sales from June 1995 and June 1998 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 1995 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the June 1998 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.
12 PENNINGTONS LANE is 84m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 12 PENNINGTONS LANE lies on this distribution: 14% of detached houses are smaller than 12 PENNINGTONS LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.
12 PENNINGTONS LANE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 12 PENNINGTONS LANE, 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 12 PENNINGTONS LANE). 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.
12 PENNINGTONS LANE is located in GAWSWORTH, in the SK11 postcode district. The below map shows the position of No. 12 on PENNINGTONS LANE.