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
24 FAIRACRE DRIVE is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £185,000 in October 2014, which was around 40% below the average October 2014 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 24 FAIRACRE DRIVE 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 24 FAIRACRE DRIVE 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 |
---|---|---|---|
2014 2 OCT | £185,000 | £310,874 | 40% below HPI |
2000 2 JUN | £99,950 | £127,515 | 22% 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 24 FAIRACRE DRIVE sales from June 2000 and October 2014 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 June 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
24 FAIRACRE DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses by size in Middlewich, and where 24 FAIRACRE DRIVE lies on this distribution: 73% of detached houses are smaller than 24 FAIRACRE DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
24 FAIRACRE DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 24 FAIRACRE DRIVE, 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 24 FAIRACRE DRIVE). 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.
24 FAIRACRE DRIVE is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 24 on FAIRACRE DRIVE.