4, DRUMMOND WAY, MACCLESFIELD, SK10 4XJ - £265,000

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

4 DRUMMOND WAY is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £265,000 in April 2016, which was around 19% below the average April 2016 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

4 DRUMMOND WAY Sold Prices

Land registry data shows three sales for 4 DRUMMOND WAY since 1^st 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 4 DRUMMOND WAY 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
2016 15 APR	£265,000	£327,944	19% below HPI
1997 15 AUG	£100,000	£106,968	7% below HPI
1996 29 MAR	£87,000	£96,609	10% below HPI

4 DRUMMOND WAY 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 three 4 DRUMMOND WAY sales between March 1996 and April 2016 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 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 DRUMMOND WAY?

4 DRUMMOND WAY is 116m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 4 DRUMMOND WAY lies on this distribution: 47% of detached houses are smaller than 4 DRUMMOND WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

4 DRUMMOND WAY: Plot and Title Map

4 DRUMMOND WAY sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 4 DRUMMOND WAY, 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 4 DRUMMOND WAY). 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 4 DRUMMOND WAY?

4 DRUMMOND WAY is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 4 on DRUMMOND WAY.