2, HOLLY BANK COTTAGE, TWEMLOW LANE, CRANAGE, CREWE, CW4 8EX - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HOLLY BANK COTTAGE is a very small extended detached house of 51m², built sometime before 1900, which could now be worth an estimated £469,237. It was last sold for £345,000 in February 2019, which was around 3% below the average February 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 HOLLY BANK COTTAGE Sold Prices

Land registry data shows three sales for 2 HOLLY BANK COTTAGE 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 2 HOLLY BANK COTTAGE 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
2019 13 FEB	£345,000	£354,598	3% below HPI
2016 17 NOV	£145,000	£329,380	56% below HPI
1996 27 NOV	£65,000	£99,468	35% below HPI

2 HOLLY BANK COTTAGE 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 2 HOLLY BANK COTTAGE sales between November 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 November 2016 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 HOLLY BANK COTTAGE be worth now?

2 HOLLY BANK COTTAGE might now be worth an estimated £469,237.

This is based on house price inflation of 36%, between February 2019 and February 2025, 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 36% inflationary increase is applied to the most recent sale price for 2 HOLLY BANK COTTAGE of £345,000 on 13th February 2019. For the value to have increased from £345,000 to £469,237 over the six years to February 2025, the following assumptions must hold true:

• The value of 2 HOLLY BANK COTTAGE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The February 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLLY BANK COTTAGE has not materially changed since February 2019.

How Large is 2 HOLLY BANK COTTAGE?

2 HOLLY BANK COTTAGE is 51m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses houses in Cranage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranage, and where 2 HOLLY BANK COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than 2 HOLLY BANK COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cranage.

2 HOLLY BANK COTTAGE: Plot and Title Map

2 HOLLY BANK COTTAGE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 HOLLY BANK COTTAGE, 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 HOLLY BANK COTTAGE). 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 2 HOLLY BANK COTTAGE?

2 HOLLY BANK COTTAGE is located on TWEMLOW LANE in CRANAGE, in the CW4 postcode district. The below map shows the position of 2 HOLLY BANK COTTAGE on TWEMLOW LANE.