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
5 ELGIN AVENUE is a midsized extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £277,500 in August 2015, which was around 11% below the average August 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 ELGIN AVENUE since 1st 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 5 ELGIN AVENUE 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 |
---|---|---|---|
2015 19 AUG | £277,500 | £312,903 | 11% below HPI |
2007 29 AUG | £259,000 | £301,037 | 14% below HPI |
1995 8 SEP | £98,000 | £95,335 | 3% above HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 5 ELGIN AVENUE sales between September 1995 and August 2015 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.
5 ELGIN AVENUE is 121m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 5 ELGIN AVENUE lies on this distribution: 53% of detached houses are smaller than 5 ELGIN AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.
5 ELGIN AVENUE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 5 ELGIN AVENUE, 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 5 ELGIN AVENUE). 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.
5 ELGIN AVENUE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 5 on ELGIN AVENUE.