48, MCKELVEY WAY, AUDLEM, CREWE, CW3 0FJ - £426,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

48 MCKELVEY WAY is a large detached house of 145m², which could now be worth an estimated £465,983. It was last sold for £426,250 in April 2023, which was around 3% below the average April 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

48 MCKELVEY WAY Sold Prices

Land registry data shows three sales for 48 MCKELVEY 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. Two of the three 48 MCKELVEY WAY sales were for below the average price, whilst one was 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
2023 28 APR	£426,250	£439,343	3% below HPI
2021 25 JUN	£385,000	£404,197	5% below HPI
2019 30 SEP	£379,995	£367,886	3% above HPI

48 MCKELVEY 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 48 MCKELVEY WAY sales between September 2019 and April 2023 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 June 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 48 MCKELVEY WAY be worth now?

48 MCKELVEY WAY might now be worth an estimated £465,983.

This is based on house price inflation of 9.3%, between April 2023 and December 2024, for 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 9.3% inflationary increase is applied to the most recent sale price for 48 MCKELVEY WAY of £426,250 on 28th April 2023. For the value to have increased from £426,250 to £465,983 over the four months to December 2024, the following assumptions must hold true:

• The value of 48 MCKELVEY WAY has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The April 2023 sale price of £426,250 represented a fair market value for the property.
• The size, condition, and specification of 48 MCKELVEY WAY has not materially changed since April 2023.

How Large is 48 MCKELVEY WAY?

48 MCKELVEY WAY is 145m² according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of detached houses houses in Audlem, based on EPC data. The below chart shows the distribution of detached houses houses by size in Audlem, and where 48 MCKELVEY WAY lies on this distribution: 70% of detached houses houses are smaller than 48 MCKELVEY WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Audlem.

48 MCKELVEY WAY: Plot and Title Map

48 MCKELVEY WAY sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 48 MCKELVEY 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 48 MCKELVEY 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 48 MCKELVEY WAY?

48 MCKELVEY WAY is located in AUDLEM, in the CW3 postcode district. The below map shows the position of No. 48 on MCKELVEY WAY.