3, FRANKLIN CLOSE, MACCLESFIELD, SK11 7WX - £243,000

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 FRANKLIN CLOSE is a large extended detached house of 147m², built sometime between 1991 and 1995. It was last sold for £243,000 in October 2006, which was around 15% below the average October 2006 detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

3 FRANKLIN CLOSE Sold Prices

Land registry data shows two sales for 3 FRANKLIN 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. One of the two 3 FRANKLIN CLOSE sales was for below the average price, whilst the other was 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
2006 26 OCT	£243,000	£285,452	15% below HPI
2000 24 NOV	£148,950	£138,022	8% above HPI

3 FRANKLIN 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 FRANKLIN CLOSE sales from November 2000 and October 2006 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 November 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2006 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 FRANKLIN CLOSE?

3 FRANKLIN CLOSE is 147m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 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 FRANKLIN CLOSE lies on this distribution: 75% of detached houses are smaller than 3 FRANKLIN CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

3 FRANKLIN CLOSE: Plot and Title Map

3 FRANKLIN CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 3 FRANKLIN 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 FRANKLIN 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 FRANKLIN CLOSE?

3 FRANKLIN CLOSE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 3 on FRANKLIN CLOSE.