3, LEA CLOSE, SANDBACH, CW11 4HT - £229,000

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 LEA CLOSE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £229,000 in August 2018, which was around 37% below the average August 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

3 LEA CLOSE Sold Prices

Land registry data shows three sales for 3 LEA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 3 LEA 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
2018 3 AUG	£229,000	£360,631	37% below HPI
2005 11 JUL	£172,000	£263,976	35% below HPI
1998 26 NOV	£60,000	£115,693	48% below HPI

3 LEA 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 three 3 LEA CLOSE sales between November 1998 and August 2018 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 July 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 LEA CLOSE?

3 LEA CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Sandbach, based on EPC data. The below chart shows the distribution of detached houses by size in Sandbach, and where 3 LEA CLOSE lies on this distribution: 15% of detached houses are smaller than 3 LEA CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sandbach.

3 LEA CLOSE: Plot and Title Map

3 LEA CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 3 LEA 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 LEA 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 LEA CLOSE?

3 LEA CLOSE is located in SANDBACH, in the CW11 postcode district. The below map shows the position of No. 3 on LEA CLOSE.