Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
33 FAIRACRE DRIVE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £310,000 in October 2023, which was around 32% below the average October 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 33 FAIRACRE DRIVE since 1st 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 33 FAIRACRE DRIVE 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 |
---|---|---|---|
2023 3 OCT | £310,000 | £458,745 | 32% below HPI |
2021 26 FEB | £213,500 | £395,922 | 46% below HPI |
2001 8 MAR | £104,950 | £138,823 | 24% below HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 33 FAIRACRE DRIVE sales between March 2001 and October 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 February 2021 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
33 FAIRACRE DRIVE is 94m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses by size in Middlewich, and where 33 FAIRACRE DRIVE lies on this distribution: 29% of detached houses are smaller than 33 FAIRACRE DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
33 FAIRACRE DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 33 FAIRACRE DRIVE, 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 33 FAIRACRE DRIVE). 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.
33 FAIRACRE DRIVE is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 33 on FAIRACRE DRIVE.