3, SEVERN CLOSE, MACCLESFIELD, SK10 3DD - £363,000

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 SEVERN CLOSE is a very large extended detached house of 162m², built sometime between 1976 and 1982. It was last sold for £363,000 in September 2015, which was around 13% above the average September 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

3 SEVERN CLOSE Sold Prices

Land registry data shows two sales for 3 SEVERN 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 SEVERN 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
2015 10 SEP	£363,000	£321,419	13% above HPI
2000 10 FEB	£186,000	£125,093	49% above HPI

3 SEVERN 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 SEVERN CLOSE sales from February 2000 and September 2015 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 2000 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 SEVERN CLOSE?

3 SEVERN CLOSE is 162m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% 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 SEVERN CLOSE lies on this distribution: 82% of detached houses are smaller than 3 SEVERN CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

3 SEVERN CLOSE: Plot and Title Map

3 SEVERN CLOSE sits on a plot of roughly 0.148 of an acre, or 601m². The below map shows the location of 3 SEVERN 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 SEVERN 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 SEVERN CLOSE?

3 SEVERN CLOSE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 3 on SEVERN CLOSE.