18, SPRINGBANK, BOLLINGTON, MACCLESFIELD, SK10 5LQ - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 SPRINGBANK is a very large detached house of 212m², built sometime between 1967 and 1975, which could now be worth an estimated £507,930. It was last sold for £375,000 in February 2019, which was around 6% above the average February 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

18 SPRINGBANK Sold Prices

Land registry data shows three sales for 18 SPRINGBANK 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 18 SPRINGBANK sales were for above 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
2019 26 FEB	£375,000	£354,598	6% above HPI
2005 14 MAR	£315,000	£250,803	26% above HPI
1996 2 MAR	£119,000	£95,533	25% above HPI

18 SPRINGBANK 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 18 SPRINGBANK sales between March 1996 and February 2019 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 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 18 SPRINGBANK be worth now?

18 SPRINGBANK might now be worth an estimated £507,930.

This is based on house price inflation of 35.4%, between February 2019 and December 2024, 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 35.4% inflationary increase is applied to the most recent sale price for 18 SPRINGBANK of £375,000 on 26th February 2019. For the value to have increased from £375,000 to £507,930 over the four years and two months to December 2024, the following assumptions must hold true:

• The value of 18 SPRINGBANK has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The February 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRINGBANK has not materially changed since February 2019.

How Large is 18 SPRINGBANK?

18 SPRINGBANK is 212m² according to the EPC inspection conducted in April 2011. This puts it in the largest 10% of detached houses houses in Bollington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bollington, and where 18 SPRINGBANK lies on this distribution: 93% of detached houses houses are smaller than 18 SPRINGBANK, and 7% of houses are larger. Note that EPC data is not available for all properties in Bollington.

18 SPRINGBANK: Plot and Title Map

18 SPRINGBANK sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 18 SPRINGBANK, 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 SPRINGBANK). 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 SPRINGBANK?

18 SPRINGBANK is located in BOLLINGTON, in the SK10 postcode district. The below map shows the position of No. 18 on SPRINGBANK.