24, SCHOOL LANE, ELWORTH, SANDBACH, CW11 3HU - £177,000

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

24 SCHOOL LANE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £177,000 in May 2014, which was around 40% below the average May 2014 detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

24 SCHOOL LANE Sold Prices

Land registry data shows four sales for 24 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 24 SCHOOL 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
2014 30 MAY	£177,000	£295,962	40% below HPI
2004 16 JUN	£172,000	£238,087	28% below HPI
2001 14 NOV	£97,000	£155,858	38% below HPI
1995 29 JUN	£68,950	£94,409	27% below HPI

24 SCHOOL LANE 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 four 24 SCHOOL LANE sales between June 1995 and May 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 24 SCHOOL LANE?

24 SCHOOL LANE is 95m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Elworth, based on EPC data. The below chart shows the distribution of detached houses by size in Elworth, and where 24 SCHOOL LANE lies on this distribution: 28% of detached houses are smaller than 24 SCHOOL LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Elworth.

24 SCHOOL LANE: Plot and Title Map

24 SCHOOL LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 24 SCHOOL 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 24 SCHOOL 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.

Where is 24 SCHOOL LANE?

24 SCHOOL LANE is located in ELWORTH, in the CW11 postcode district. The below map shows the position of No. 24 on SCHOOL LANE.