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
48 BLACK ROAD is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £134,000 in April 2006, which was around 50% below the average April 2006 detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 48 BLACK ROAD 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 48 BLACK ROAD 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 |
---|---|---|---|
2006 4 APR | £134,000 | £268,028 | 50% below HPI |
2003 17 JAN | £105,500 | £195,867 | 46% below HPI |
2001 30 MAR | £80,000 | £138,823 | 42% below HPI |
1995 6 JAN | £55,000 | £100,124 | 45% 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 four 48 BLACK ROAD sales between January 1995 and April 2006 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 January 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2006 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
48 BLACK ROAD is 68m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 48 BLACK ROAD lies on this distribution: 4% of detached houses are smaller than 48 BLACK ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.
48 BLACK ROAD sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 48 BLACK ROAD, 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 48 BLACK ROAD). 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.
48 BLACK ROAD is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 48 on BLACK ROAD.