16, LEA CLOSE, SANDBACH, CW11 4HT - £375,000

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

16 LEA CLOSE is a small extended detached house of 111m², built sometime between 1976 and 1982. It was last sold for £375,000 in May 2024, which was around 23% below the average May 2024 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

16 LEA CLOSE Sold Prices

Land registry data shows three sales for 16 LEA CLOSE 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 16 LEA CLOSE 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
2024 3 MAY	£375,000	£486,222	23% below HPI
2015 23 MAR	£233,500	£307,735	24% below HPI
2002 25 JUN	£128,000	£164,335	22% below HPI

16 LEA 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 three 16 LEA CLOSE sales between June 2002 and May 2024 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 March 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 LEA CLOSE?

16 LEA CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Sandbach, based on EPC data. The below chart shows the distribution of detached houses by size in Sandbach, and where 16 LEA CLOSE lies on this distribution: 37% of detached houses are smaller than 16 LEA CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Sandbach.

16 LEA CLOSE: Plot and Title Map

16 LEA CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 16 LEA 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 16 LEA 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 16 LEA CLOSE?

16 LEA CLOSE is located in SANDBACH, in the CW11 postcode district. The below map shows the position of No. 16 on LEA CLOSE.