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
18 FAIRACRE DRIVE is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £162,000 in November 2012, which was around 42% below the average November 2012 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 18 FAIRACRE DRIVE since 1st 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 18 FAIRACRE DRIVE 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 |
---|---|---|---|
2012 9 NOV | £162,000 | £280,067 | 42% below HPI |
2007 9 JUL | £165,500 | £296,876 | 44% below HPI |
2004 13 DEC | £165,000 | £253,311 | 35% 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 three 18 FAIRACRE DRIVE sales between December 2004 and November 2012 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 2007 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2012 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
18 FAIRACRE DRIVE is 90m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses by size in Middlewich, and where 18 FAIRACRE DRIVE lies on this distribution: 24% of detached houses are smaller than 18 FAIRACRE DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
18 FAIRACRE DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 18 FAIRACRE DRIVE, 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 18 FAIRACRE DRIVE). 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.
18 FAIRACRE DRIVE is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 18 on FAIRACRE DRIVE.