18, MILLBANK DRIVE, MACCLESFIELD, SK10 3DR - £252,500

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 MILLBANK DRIVE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £252,500 in July 2016, which was around 25% below the average July 2016 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

18 MILLBANK DRIVE Sold Prices

Land registry data shows two sales for 18 MILLBANK DRIVE 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 MILLBANK 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
2016 29 JUL	£252,500	£336,096	25% below HPI
2008 12 MAR	£228,000	£297,442	23% below HPI

18 MILLBANK DRIVE 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 MILLBANK DRIVE sales from March 2008 and July 2016 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 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 MILLBANK DRIVE?

18 MILLBANK DRIVE is 98m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 18 MILLBANK DRIVE lies on this distribution: 27% of detached houses are smaller than 18 MILLBANK DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

18 MILLBANK DRIVE: Plot and Title Map

18 MILLBANK DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 18 MILLBANK 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 MILLBANK 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.

Where is 18 MILLBANK DRIVE?

18 MILLBANK DRIVE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 18 on MILLBANK DRIVE.