3, OAKES CLOSE, SANDBACH, CW11 4DB - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 OAKES CLOSE is a very small detached house of 87m², which could now be worth an estimated £326,084. It was last sold for £280,000 in February 2022, which was around 32% below the average February 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

3 OAKES CLOSE Sold Prices

Land registry data shows two sales for 3 OAKES 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 OAKES 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 FEB	£280,000	£414,131	32% below HPI
2018 9 FEB	£244,750	£345,887	29% below HPI

3 OAKES 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 OAKES CLOSE sales from February 2018 and February 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 OAKES CLOSE be worth now?

3 OAKES CLOSE might now be worth an estimated £326,084.

This is based on house price inflation of 16.5%, between February 2022 and February 2025, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 3 OAKES CLOSE of £280,000 on 17th February 2022. For the value to have increased from £280,000 to £326,084 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 OAKES CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The February 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKES CLOSE has not materially changed since February 2022.

How Large is 3 OAKES CLOSE?

3 OAKES CLOSE is 87m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses houses in Sandbach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandbach, and where 3 OAKES CLOSE lies on this distribution: 17% of detached houses houses are smaller than 3 OAKES CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Sandbach.

3 OAKES CLOSE: Plot and Title Map

3 OAKES CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 3 OAKES 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 OAKES 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 OAKES CLOSE?

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