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
38 NEEDHAM DRIVE is a small detached house of 146m², built sometime between 1996 and 2002. It was last sold for £420,000 in December 2009, which was around 51% above the average December 2009 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 38 NEEDHAM DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 38 NEEDHAM DRIVE 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 |
---|---|---|---|
2009 14 DEC | £420,000 | £278,527 | 51% above HPI |
2004 13 AUG | £370,000 | £250,931 | 47% above HPI |
2002 11 OCT | £305,000 | £187,182 | 63% above HPI |
1998 8 MAY | £179,950 | £111,078 | 62% above HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The four 38 NEEDHAM DRIVE sales between May 1998 and December 2009 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 2004 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2009 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.
38 NEEDHAM DRIVE is 146m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Cranage, based on EPC data. The below chart shows the distribution of detached houses by size in Cranage, and where 38 NEEDHAM DRIVE lies on this distribution: 32% of detached houses are smaller than 38 NEEDHAM DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Cranage.
38 NEEDHAM DRIVE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 38 NEEDHAM 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 38 NEEDHAM 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.
38 NEEDHAM DRIVE is located in CRANAGE, in the CW4 postcode district. The below map shows the position of No. 38 on NEEDHAM DRIVE.