24, SILK ROSE DRIVE, MACCLESFIELD, SK11 7HR - £375,000

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 SILK ROSE DRIVE is a midsized detached house of 114m², built in 2021. It was last sold for £375,000 in October 2023, which was around 18% below the average October 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

24 SILK ROSE DRIVE Sold Prices

Land registry data shows two sales for 24 SILK ROSE DRIVE 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 24 SILK ROSE 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
2023 31 OCT	£375,000	£458,745	18% below HPI
2021 9 APR	£315,995	£402,467	21% below HPI

24 SILK ROSE DRIVE 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 24 SILK ROSE DRIVE sales from April 2021 and October 2023 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 April 2021 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 24 SILK ROSE DRIVE?

24 SILK ROSE DRIVE is 114m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 24 SILK ROSE DRIVE lies on this distribution: 44% of detached houses are smaller than 24 SILK ROSE DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

24 SILK ROSE DRIVE: Plot and Title Map

24 SILK ROSE DRIVE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 24 SILK ROSE 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 SILK ROSE 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.

Where is 24 SILK ROSE DRIVE?

24 SILK ROSE DRIVE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 24 on SILK ROSE DRIVE.