3, FERNBANK CLOSE, CREWE, CW1 6ES - £215,000

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

3 FERNBANK CLOSE is a small extended detached house of 83m², built sometime between 1976 and 1982. It was last sold for £215,000 in June 2022, which was around 50% below the average June 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

3 FERNBANK CLOSE Sold Prices

Land registry data shows seven sales for 3 FERNBANK CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the seven 3 FERNBANK 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
2022 17 JUN	£215,000	£433,204	50% below HPI
2020 14 FEB	£171,000	£362,451	53% below HPI
2019 29 NOV	£175,000	£370,370	53% below HPI
2008 2 MAY	£130,000	£293,777	56% below HPI
2002 15 MAR	£72,950	£154,908	53% below HPI
2000 11 FEB	£57,500	£125,093	54% below HPI
1999 8 JAN	£53,000	£115,042	54% below HPI

3 FERNBANK 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 seven 3 FERNBANK CLOSE sales between January 1999 and June 2022 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 2020 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2022 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 3 FERNBANK CLOSE?

3 FERNBANK CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 3 FERNBANK CLOSE lies on this distribution: 21% of detached houses are smaller than 3 FERNBANK CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Crewe.

3 FERNBANK CLOSE: Plot and Title Map

3 FERNBANK CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 FERNBANK 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 FERNBANK 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 FERNBANK CLOSE?

3 FERNBANK CLOSE is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 3 on FERNBANK CLOSE.