3, ELM RISE, PRESTBURY, MACCLESFIELD, SK10 4US - £560,000

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

3 ELM RISE is a very small extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £560,000 in July 2019, which was around 55% above the average July 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

3 ELM RISE Sold Prices

Land registry data shows two sales for 3 ELM RISE 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 3 ELM RISE sales were for above 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
2019 26 JUL	£560,000	£361,554	55% above HPI
2014 21 FEB	£455,000	£294,710	54% above HPI

3 ELM RISE 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 3 ELM RISE sales from February 2014 and July 2019 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 2014 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2019 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 3 ELM RISE?

3 ELM RISE is 134m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 3 ELM RISE lies on this distribution: 11% of detached houses are smaller than 3 ELM RISE, and 88% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

3 ELM RISE: Plot and Title Map

3 ELM RISE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 3 ELM RISE, 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 3 ELM RISE). 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 3 ELM RISE?

3 ELM RISE is located in PRESTBURY, in the SK10 postcode district. The below map shows the position of No. 3 on ELM RISE.