3, MILLBANK CLOSE, CHELFORD, MACCLESFIELD, SK11 9SJ - £720,000

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 MILLBANK CLOSE is a very large extended detached house of 185m², built sometime between 1976 and 1982. It was last sold for £720,000 in January 2023, which was around 58% above the average January 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

3 MILLBANK CLOSE Sold Prices

Land registry data shows two sales for 3 MILLBANK 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 MILLBANK CLOSE 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
2023 20 JAN	£720,000	£456,393	58% above HPI
2012 2 AUG	£300,000	£279,022	8% above HPI

3 MILLBANK 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 MILLBANK CLOSE sales from August 2012 and January 2023 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 August 2012 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2023 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 3 MILLBANK CLOSE?

3 MILLBANK CLOSE is 185m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Chelford, based on EPC data. The below chart shows the distribution of detached houses by size in Chelford, and where 3 MILLBANK CLOSE lies on this distribution: 85% of detached houses are smaller than 3 MILLBANK CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Chelford.

3 MILLBANK CLOSE: Plot and Title Map

3 MILLBANK CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 3 MILLBANK 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 MILLBANK 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 MILLBANK CLOSE?

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