5, MAGNOLIA RISE, PRESTBURY, MACCLESFIELD, SK10 4UX - £750,000

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

5 MAGNOLIA RISE is a small extended detached house of 170m², built sometime between 1976 and 1982. It was last sold for £750,000 in September 2021, which was around 90% above the average September 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

5 MAGNOLIA RISE Sold Prices

Land registry data shows two sales for 5 MAGNOLIA RISE 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. Both of the two 5 MAGNOLIA RISE 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 30 SEP	£750,000	£393,959	90% above HPI
2000 4 SEP	£315,000	£135,013	133% above HPI

5 MAGNOLIA RISE 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 MAGNOLIA RISE sales from September 2000 and September 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 September 2000 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the September 2021 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 5 MAGNOLIA RISE?

5 MAGNOLIA RISE is 170m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 5 MAGNOLIA RISE lies on this distribution: 30% of detached houses are smaller than 5 MAGNOLIA RISE, and 69% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

5 MAGNOLIA RISE: Plot and Title Map

5 MAGNOLIA RISE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 5 MAGNOLIA RISE, 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 MAGNOLIA RISE). 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 MAGNOLIA RISE?

5 MAGNOLIA RISE is located in PRESTBURY, in the SK10 postcode district. The below map shows the position of No. 5 on MAGNOLIA RISE.