5, FRANKLIN CLOSE, MACCLESFIELD, SK11 7WX - £185,000

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 FRANKLIN CLOSE is a midsized detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £519,456. It was last sold for £185,000 in July 2002, which was around 8% above the average July 2002 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

5 FRANKLIN CLOSE Sold Prices

Land registry data shows two sales for 5 FRANKLIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. One of the two 5 FRANKLIN CLOSE sales was for above the average price, whilst the other was 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
2002 22 JUL	£185,000	£171,764	8% above HPI
2000 24 NOV	£134,950	£136,486	1% below HPI

5 FRANKLIN CLOSE 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 two 5 FRANKLIN CLOSE sales from November 2000 and July 2002 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2002 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 5 FRANKLIN CLOSE be worth now?

5 FRANKLIN CLOSE might now be worth an estimated £519,456.

This is based on house price inflation of 180.8%, between July 2002 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 180.8% inflationary increase is applied to the most recent sale price for 5 FRANKLIN CLOSE of £185,000 on 22nd July 2002. For the value to have increased from £185,000 to £519,456 over the 23 years and five months to February 2025, the following assumptions must hold true:

• The value of 5 FRANKLIN CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The July 2002 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FRANKLIN CLOSE has not materially changed since July 2002.

How Large is 5 FRANKLIN CLOSE?

5 FRANKLIN CLOSE is 116m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 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 FRANKLIN CLOSE lies on this distribution: 47% of detached houses houses are smaller than 5 FRANKLIN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

5 FRANKLIN CLOSE: Plot and Title Map

5 FRANKLIN CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 5 FRANKLIN CLOSE, 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 FRANKLIN CLOSE). 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 FRANKLIN CLOSE?

5 FRANKLIN CLOSE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 5 on FRANKLIN CLOSE.