18, FORGE LANE, CONGLETON, CW12 4HF - £42,500

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 FORGE LANE is a very large detached house of 182m², built in 2017. It was last sold for £42,500 in May 2024, which was around 91% below the average May 2024 detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

18 FORGE LANE Sold Prices

Land registry data shows two sales for 18 FORGE 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. Both of the two 18 FORGE 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
2024 10 MAY	£42,500	£482,075	91% below HPI
2022 22 APR	£390,000	£426,886	9% below HPI

18 FORGE 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 18 FORGE LANE sales from April 2022 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 April 2022 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2024 sale, where it falls to 91% below the HPI. The line then continues to track at 91% below the HPI.

How Large is 18 FORGE LANE?

18 FORGE LANE is 182m² according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses in Congleton, based on EPC data. The below chart shows the distribution of detached houses by size in Congleton, and where 18 FORGE LANE lies on this distribution: 91% of detached houses are smaller than 18 FORGE LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Congleton.

18 FORGE LANE: Plot and Title Map

18 FORGE LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 18 FORGE 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 18 FORGE 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 18 FORGE LANE?

18 FORGE LANE is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 18 on FORGE LANE.