2, THE ELMS, PARK LANE, PICKMERE, KNUTSFORD, WA16 0XJ - £380,000

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

2 THE ELMS is a very small semi-detached house of 98m², which could now be worth an estimated £384,055. It was last sold for £380,000 in November 2024, which was around 36% above the average November 2024 semi-detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

2 THE ELMS Sold Prices

Land registry data shows two sales for 2 THE ELMS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two 2 THE ELMS 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
2024 11 NOV	£380,000	£278,526	36% above HPI
2020 8 DEC	£320,000	£226,305	41% above HPI

2 THE ELMS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 2 THE ELMS sales from December 2020 and November 2024 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 2020 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2024 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 THE ELMS be worth now?

2 THE ELMS might now be worth an estimated £384,055.

This is based on house price inflation of 1.1%, between November 2024 and December 2024, for semi-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 1.1% inflationary increase is applied to the most recent sale price for 2 THE ELMS of £380,000 on 11th November 2024. For the value to have increased from £380,000 to £384,055 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 2 THE ELMS has moved in line with the HPI for semi-detached houses in the Cheshire East local authority area.
• The November 2024 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE ELMS has not materially changed since November 2024.

How Large is 2 THE ELMS?

2 THE ELMS is 98m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of semi-detached houses houses in Pickmere, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pickmere, and where 2 THE ELMS lies on this distribution: 18% of semi-detached houses houses are smaller than 2 THE ELMS, and 82% of houses are larger. Note that EPC data is not available for all properties in Pickmere.

2 THE ELMS: Plot and Title Map

2 THE ELMS sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 2 THE ELMS, 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 THE ELMS). 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 THE ELMS?

2 THE ELMS is located on PARK LANE in PICKMERE, in the WA16 postcode district. The below map shows the position of 2 THE ELMS on PARK LANE.