5, ELGIN AVENUE, MACCLESFIELD, SK10 3DX - £277,500

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.

5 ELGIN AVENUE is a midsized extended detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £432,537. It was last sold for £277,500 in August 2015, which was around 10% 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.

5 ELGIN AVENUE Sold Prices

Land registry data shows three sales for 5 ELGIN AVENUE 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 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	£309,420	10% below HPI
2007 29 AUG	£259,000	£297,686	13% below HPI
1995 8 SEP	£98,000	£94,273	4% above HPI

5 ELGIN AVENUE 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 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 5 ELGIN AVENUE be worth now?

5 ELGIN AVENUE might now be worth an estimated £432,537.

This is based on house price inflation of 55.9%, between August 2015 and February 2025, 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 55.9% inflationary increase is applied to the most recent sale price for 5 ELGIN AVENUE of £277,500 on 19th August 2015. For the value to have increased from £277,500 to £432,537 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 5 ELGIN AVENUE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The August 2015 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 5 ELGIN AVENUE has not materially changed since August 2015.

How Large is 5 ELGIN AVENUE?

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 houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Macclesfield, and where 5 ELGIN AVENUE lies on this distribution: 53% of detached houses 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: Plot and Title Map

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.

Where is 5 ELGIN AVENUE?

5 ELGIN AVENUE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 5 on ELGIN AVENUE.