5, FALCON DRIVE, CREWE, CW1 3RX - £133,000

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 FALCON DRIVE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £133,000 in March 2016, which was around 59% below the average March 2016 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

5 FALCON DRIVE Sold Prices

Land registry data shows five sales for 5 FALCON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the five 5 FALCON DRIVE sales were for below 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
2016 29 MAR	£133,000	£323,797	59% below HPI
2011 9 NOV	£115,000	£286,210	60% below HPI
2005 5 AUG	£129,950	£269,731	52% below HPI
2000 27 OCT	£53,000	£136,167	61% below HPI
1998 7 APR	£41,000	£107,550	62% below HPI

5 FALCON 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 five 5 FALCON DRIVE sales between April 1998 and March 2016 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 2011 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the March 2016 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 5 FALCON DRIVE?

5 FALCON DRIVE is 65m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 5 FALCON DRIVE lies on this distribution: 6% of detached houses are smaller than 5 FALCON DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Crewe.

5 FALCON DRIVE: Plot and Title Map

5 FALCON DRIVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 5 FALCON 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 5 FALCON 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 5 FALCON DRIVE?

5 FALCON DRIVE is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 5 on FALCON DRIVE.