48, NEEDHAM DRIVE, CRANAGE, CREWE, CW4 8FB - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 NEEDHAM DRIVE is a midsized detached house of 154m², built sometime between 1996 and 2002. It was last sold for £550,000 in June 2021, which was around 35% above the average June 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

48 NEEDHAM DRIVE Sold Prices

Land registry data shows four sales for 48 NEEDHAM DRIVE since 1^st 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 NEEDHAM 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
2021 21 JUN	£550,000	£408,746	35% above HPI
2014 13 AUG	£440,000	£302,571	45% above HPI
2004 29 NOV	£385,000	£255,308	51% above HPI
1998 17 APR	£184,950	£107,550	72% above HPI

48 NEEDHAM DRIVE 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 four 48 NEEDHAM DRIVE sales between April 1998 and June 2021 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 2014 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the June 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 48 NEEDHAM DRIVE?

48 NEEDHAM DRIVE is 154m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Cranage, based on EPC data. The below chart shows the distribution of detached houses by size in Cranage, and where 48 NEEDHAM DRIVE lies on this distribution: 40% of detached houses are smaller than 48 NEEDHAM DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Cranage.

48 NEEDHAM DRIVE: Plot and Title Map

48 NEEDHAM DRIVE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 48 NEEDHAM 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 NEEDHAM 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 NEEDHAM DRIVE?

48 NEEDHAM DRIVE is located in CRANAGE, in the CW4 postcode district. The below map shows the position of No. 48 on NEEDHAM DRIVE.