2, WARE CLOSE, SANDBACH, CW11 4DD - £250,000

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 WARE CLOSE is a very small detached house of 87m², which could now be worth an estimated £307,170. It was last sold for £250,000 in October 2020, which was around 36% below the average October 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was A.

2 WARE CLOSE Sold Prices

Land registry data shows two sales for 2 WARE CLOSE since 1^st 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 WARE CLOSE 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 30 OCT	£250,000	£392,528	36% below HPI
2017 29 SEP	£244,750	£344,407	29% below HPI

2 WARE 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 two 2 WARE CLOSE sales from September 2017 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 September 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 WARE CLOSE be worth now?

2 WARE CLOSE might now be worth an estimated £307,170.

This is based on house price inflation of 22.9%, between October 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 22.9% inflationary increase is applied to the most recent sale price for 2 WARE CLOSE of £250,000 on 30th October 2020. For the value to have increased from £250,000 to £307,170 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WARE CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The October 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WARE CLOSE has not materially changed since October 2020.

How Large is 2 WARE CLOSE?

2 WARE CLOSE is 87m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses houses in Sandbach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandbach, and where 2 WARE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 WARE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Sandbach.

2 WARE CLOSE: Plot and Title Map

2 WARE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 2 WARE 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 WARE 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 WARE CLOSE?

2 WARE CLOSE is located in SANDBACH, in the CW11 postcode district. The below map shows the position of No. 2 on WARE CLOSE.