2, LEA BANK CLOSE, MACCLESFIELD, SK11 8PU - £525,000

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 LEA BANK CLOSE is a very large extended detached house of 187m², built sometime between 1991 and 1995. It was last sold for £525,000 in October 2020, which was around 32% above the average October 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

2 LEA BANK CLOSE Sold Prices

Land registry data shows four sales for 2 LEA BANK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 2 LEA BANK CLOSE 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
2020 30 OCT	£525,000	£396,947	32% above HPI
2013 18 JAN	£385,000	£280,122	37% above HPI
2004 30 NOV	£335,000	£255,308	31% above HPI
1999 30 JUN	£172,000	£116,922	47% above HPI

2 LEA BANK CLOSE 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 four 2 LEA BANK CLOSE sales between June 1999 and October 2020 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 January 2013 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 LEA BANK CLOSE?

2 LEA BANK CLOSE is 187m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 2 LEA BANK CLOSE lies on this distribution: 91% of detached houses are smaller than 2 LEA BANK CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

2 LEA BANK CLOSE: Plot and Title Map

2 LEA BANK CLOSE sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of 2 LEA BANK 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 LEA BANK 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.

Where is 2 LEA BANK CLOSE?

2 LEA BANK CLOSE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 2 on LEA BANK CLOSE.