16, RICHMOND CLOSE, SANDBACH, CW11 3TX - £337,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 RICHMOND CLOSE is a small extended detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £359,275. It was last sold for £337,500 in October 2022, which was around 26% below the average October 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

16 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 16 RICHMOND 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 16 RICHMOND 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
2022 10 OCT	£337,500	£453,060	26% below HPI
2019 18 APR	£221,000	£355,733	38% below HPI

16 RICHMOND 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 16 RICHMOND CLOSE sales from April 2019 and October 2022 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 April 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 16 RICHMOND CLOSE be worth now?

16 RICHMOND CLOSE might now be worth an estimated £359,275.

This is based on house price inflation of 6.5%, between October 2022 and February 2025, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 16 RICHMOND CLOSE of £337,500 on 10th October 2022. For the value to have increased from £337,500 to £359,275 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 RICHMOND CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The October 2022 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 16 RICHMOND CLOSE has not materially changed since October 2022.

How Large is 16 RICHMOND CLOSE?

16 RICHMOND CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Elworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elworth, and where 16 RICHMOND CLOSE lies on this distribution: 32% of detached houses houses are smaller than 16 RICHMOND CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Elworth.

16 RICHMOND CLOSE: Plot and Title Map

16 RICHMOND CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 16 RICHMOND 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 RICHMOND 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 RICHMOND CLOSE?

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