3, FARWOOD CLOSE, MACCLESFIELD, SK10 3DS - £345,000

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 FARWOOD CLOSE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £345,000 in April 2024, which was around 25% below the average April 2024 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

3 FARWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 FARWOOD CLOSE 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 FARWOOD CLOSE 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
2024 4 APR	£345,000	£461,937	25% below HPI
1998 16 OCT	£84,000	£114,703	27% below HPI

3 FARWOOD CLOSE 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 FARWOOD CLOSE sales from October 1998 and April 2024 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 October 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 FARWOOD CLOSE?

3 FARWOOD CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 3 FARWOOD CLOSE lies on this distribution: 20% of detached houses are smaller than 3 FARWOOD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

3 FARWOOD CLOSE: Plot and Title Map

3 FARWOOD CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 FARWOOD CLOSE, 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 FARWOOD CLOSE). 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 FARWOOD CLOSE?

3 FARWOOD CLOSE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 3 on FARWOOD CLOSE.