48, GREENBANK DRIVE, BOLLINGTON, MACCLESFIELD, SK10 5LW - £275,000

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.

48 GREENBANK DRIVE is a small extended semi-detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £494,851. It was last sold for £275,000 in December 2011, which was around 75% above the average December 2011 semi-detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

48 GREENBANK DRIVE Sold Prices

Land registry data shows three sales for 48 GREENBANK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 48 GREENBANK 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
2011 2 DEC	£275,000	£156,755	75% above HPI
2005 23 NOV	£220,000	£152,678	44% above HPI
1999 5 AUG	£88,250	£65,965	34% above HPI

48 GREENBANK DRIVE 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 three 48 GREENBANK DRIVE sales between August 1999 and December 2011 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 November 2005 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2011 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 48 GREENBANK DRIVE be worth now?

48 GREENBANK DRIVE might now be worth an estimated £494,851.

This is based on house price inflation of 79.9%, between December 2011 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 79.9% inflationary increase is applied to the most recent sale price for 48 GREENBANK DRIVE of £275,000 on 2nd December 2011. For the value to have increased from £275,000 to £494,851 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 GREENBANK DRIVE has moved in line with the HPI for semi-detached houses in the Cheshire East local authority area.
• The December 2011 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GREENBANK DRIVE has not materially changed since December 2011.

How Large is 48 GREENBANK DRIVE?

48 GREENBANK DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of semi-detached houses houses in Bollington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bollington, and where 48 GREENBANK DRIVE lies on this distribution: 39% of semi-detached houses houses are smaller than 48 GREENBANK DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bollington.

48 GREENBANK DRIVE: Plot and Title Map

48 GREENBANK DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 48 GREENBANK 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 48 GREENBANK 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.

Where is 48 GREENBANK DRIVE?

48 GREENBANK DRIVE is located in BOLLINGTON, in the SK10 postcode district. The below map shows the position of No. 48 on GREENBANK DRIVE.