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
25 FAIRACRE DRIVE is a large detached house of 118m², built sometime between 1991 and 1995. It was last sold for £230,000 in September 2020, which was around 41% below the average September 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2023, where the current energy rating was A, and the potential energy rating was A.
Land registry data shows three sales for 25 FAIRACRE DRIVE since 1st 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 25 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 |
---|---|---|---|
2020 4 SEP | £230,000 | £387,479 | 41% below HPI |
2013 13 DEC | £196,000 | £290,861 | 33% below HPI |
1999 26 MAR | £88,000 | £116,744 | 25% 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 three 25 FAIRACRE DRIVE sales between March 1999 and September 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 December 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
25 FAIRACRE DRIVE is 118m² according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses by size in Middlewich, and where 25 FAIRACRE DRIVE lies on this distribution: 61% of detached houses are smaller than 25 FAIRACRE DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
25 FAIRACRE DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 25 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 25 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.
25 FAIRACRE DRIVE is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 25 on FAIRACRE DRIVE.