20, MILLBANK CLOSE, CHELFORD, MACCLESFIELD, SK11 9SJ - £437,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 MILLBANK CLOSE is a large detached house of 161m², built sometime between 1976 and 1982. It was last sold for £437,500 in August 2018, which was around 21% above the average August 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

20 MILLBANK CLOSE Sold Prices

Land registry data shows three sales for 20 MILLBANK CLOSE 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 20 MILLBANK 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
2018 21 AUG	£437,500	£360,631	21% above HPI
2014 31 MAR	£350,000	£296,135	18% above HPI
1996 18 DEC	£120,000	£99,336	21% above HPI

20 MILLBANK 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 three 20 MILLBANK CLOSE sales between December 1996 and August 2018 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 March 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2018 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 20 MILLBANK CLOSE?

20 MILLBANK CLOSE is 161m² according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Chelford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelford, and where 20 MILLBANK CLOSE lies on this distribution: 64% of detached houses are smaller than 20 MILLBANK CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Chelford.

20 MILLBANK CLOSE: Plot and Title Map

20 MILLBANK CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 20 MILLBANK 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 20 MILLBANK 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 20 MILLBANK CLOSE?

20 MILLBANK CLOSE is located in CHELFORD, in the SK11 postcode district. The below map shows the position of No. 20 on MILLBANK CLOSE.