4, OBELISK WAY, CONGLETON, CW12 4FY - £124,000

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.

4 OBELISK WAY is a very small semi-detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £175,370. It was last sold for £124,000 in May 2018, which was around 38% below the average May 2018 semi-detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

4 OBELISK WAY Sold Prices

Land registry data shows five sales for 4 OBELISK WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cheshire East local authority area for the corresponding sale date. All of the five 4 OBELISK 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
2018 31 MAY	£124,000	£199,448	38% below HPI
2011 18 OCT	£104,000	£159,579	35% below HPI
2009 30 MAR	£104,000	£147,908	30% below HPI
2004 24 SEP	£102,000	£146,464	30% below HPI
1999 26 NOV	£50,232	£66,034	24% below HPI

4 OBELISK WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheshire East local authority area over time, sourced from the HPI. The five 4 OBELISK WAY sales between November 1999 and May 2018 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 October 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 4 OBELISK WAY be worth now?

4 OBELISK WAY might now be worth an estimated £175,370.

This is based on house price inflation of 41.4%, between May 2018 and February 2025, for semi-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 41.4% inflationary increase is applied to the most recent sale price for 4 OBELISK WAY of £124,000 on 31st May 2018. For the value to have increased from £124,000 to £175,370 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 4 OBELISK WAY has moved in line with the HPI for semi-detached houses in the Cheshire East local authority area.
• The May 2018 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OBELISK WAY has not materially changed since May 2018.

How Large is 4 OBELISK WAY?

4 OBELISK WAY is 66m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Congleton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Congleton, and where 4 OBELISK WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 4 OBELISK WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Congleton.

4 OBELISK WAY: Plot and Title Map

4 OBELISK WAY sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 4 OBELISK 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 OBELISK 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 OBELISK WAY?

4 OBELISK WAY is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 4 on OBELISK WAY.