293, UNDERWOOD LANE, CREWE, CW1 3SG - £130,000

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

293 UNDERWOOD LANE is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £130,000 in November 2020, which was around 67% below the average November 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

293 UNDERWOOD LANE Sold Prices

Land registry data shows two sales for 293 UNDERWOOD LANE 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 293 UNDERWOOD 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
2020 23 NOV	£130,000	£396,054	67% below HPI
2003 14 FEB	£48,000	£193,986	75% below HPI

293 UNDERWOOD 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 two 293 UNDERWOOD LANE sales from February 2003 and November 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 February 2003 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the November 2020 sale, where it rises to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 293 UNDERWOOD LANE?

293 UNDERWOOD LANE is 77m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 293 UNDERWOOD LANE lies on this distribution: 16% of detached houses are smaller than 293 UNDERWOOD LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Crewe.

293 UNDERWOOD LANE: Plot and Title Map

293 UNDERWOOD LANE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 293 UNDERWOOD 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 293 UNDERWOOD 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 293 UNDERWOOD LANE?

293 UNDERWOOD LANE is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 293 on UNDERWOOD LANE.