2, PICKERING WAY, STAPELEY, NANTWICH, CW5 7RE - £190,000

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 PICKERING WAY is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £254,328. It was last sold for £190,000 in July 2020, which was around 47% below the average July 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

2 PICKERING WAY Sold Prices

Land registry data shows three sales for 2 PICKERING WAY 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 PICKERING WAY 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
2020 6 JUL	£190,000	£360,303	47% below HPI
2002 5 DEC	£125,000	£190,475	34% below HPI
2002 28 FEB	£100,750	£155,103	35% below HPI

2 PICKERING WAY 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 PICKERING WAY sales between February 2002 and July 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 December 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 2 PICKERING WAY be worth now?

2 PICKERING WAY might now be worth an estimated £254,328.

This is based on house price inflation of 33.9%, between July 2020 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 33.9% inflationary increase is applied to the most recent sale price for 2 PICKERING WAY of £190,000 on 6th July 2020. For the value to have increased from £190,000 to £254,328 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 2 PICKERING WAY has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The July 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PICKERING WAY has not materially changed since July 2020.

How Large is 2 PICKERING WAY?

2 PICKERING WAY is 71m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses houses in Nantwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nantwich, and where 2 PICKERING WAY lies on this distribution: 3% of detached houses houses are smaller than 2 PICKERING WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Nantwich.

2 PICKERING WAY: Plot and Title Map

2 PICKERING WAY sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 2 PICKERING WAY, 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 PICKERING WAY). 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 PICKERING WAY?

2 PICKERING WAY is located in STAPELEY, in the CW5 postcode district. The below map shows the position of No. 2 on PICKERING WAY.