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 VICARAGE LANE is a small extended detached house of 103m², built sometime between 1967 and 1975. It was last sold for £325,000 in January 2024, which was around 28% below the average January 2024 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 VICARAGE LANE 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 VICARAGE LANE 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 |
---|---|---|---|
2024 5 JAN | £325,000 | £451,541 | 28% below HPI |
1999 6 JUL | £91,500 | £119,739 | 24% 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 VICARAGE LANE sales from July 1999 and January 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 July 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
2 VICARAGE LANE is 103m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Elworth, based on EPC data. The below chart shows the distribution of detached houses by size in Elworth, and where 2 VICARAGE LANE lies on this distribution: 32% of detached houses are smaller than 2 VICARAGE LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Elworth.
2 VICARAGE LANE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 2 VICARAGE LANE, 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 VICARAGE LANE). 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 VICARAGE LANE is located in ELWORTH, in the CW11 postcode district. The below map shows the position of No. 2 on VICARAGE LANE.