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
2 CHESTNUT CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £273,000 in August 2023, which was around 40% below the average August 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 CHESTNUT CLOSE since 1st 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 2 CHESTNUT 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 |
---|---|---|---|
2023 25 AUG | £273,000 | £453,697 | 40% below HPI |
2014 30 JUL | £190,000 | £296,618 | 36% 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 two 2 CHESTNUT CLOSE sales from July 2014 and August 2023 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 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
2 CHESTNUT CLOSE is 75m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses by size in Middlewich, and where 2 CHESTNUT CLOSE lies on this distribution: 11% of detached houses are smaller than 2 CHESTNUT CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
2 CHESTNUT CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 CHESTNUT 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 2 CHESTNUT 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.
2 CHESTNUT CLOSE is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 2 on CHESTNUT CLOSE.