12, PIT LANE, HOUGH, CREWE, CW2 5JQ - £318,000

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

12 PIT LANE is a very large extended detached house of 186m², built sometime between 1976 and 1982. It was last sold for £318,000 in August 2019, which was around 13% below the average August 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

12 PIT LANE Sold Prices

Land registry data shows two sales for 12 PIT LANE 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. One of the two 12 PIT LANE sales was for below the average price, whilst the other was 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
2019 16 AUG	£318,000	£365,484	13% below HPI
2006 19 MAY	£275,000	£271,473	1% above HPI

12 PIT LANE 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 12 PIT LANE sales from May 2006 and August 2019 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 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 12 PIT LANE?

12 PIT LANE is 186m², which includes three extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses in Hough, based on EPC data. The below chart shows the distribution of detached houses by size in Hough, and where 12 PIT LANE lies on this distribution: 85% of detached houses are smaller than 12 PIT LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Hough.

12 PIT LANE: Plot and Title Map

12 PIT LANE sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of 12 PIT 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 PIT 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.

Where is 12 PIT LANE?

12 PIT LANE is located in HOUGH, in the CW2 postcode district. The below map shows the position of No. 12 on PIT LANE.