5, MEDWAY CLOSE, WILMSLOW, SK9 3UH - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MEDWAY CLOSE is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £410,693. It was last sold for £310,000 in October 2018, which was around 14% below the average October 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

5 MEDWAY CLOSE Sold Prices

Land registry data shows two sales for 5 MEDWAY 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 MEDWAY CLOSE sales was for below the average price, whilst the other 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
2018 12 OCT	£310,000	£362,538	14% below HPI
1997 27 JUN	£103,250	£100,735	2% above HPI

5 MEDWAY 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 MEDWAY CLOSE sales from June 1997 and October 2018 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 June 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 MEDWAY CLOSE be worth now?

5 MEDWAY CLOSE might now be worth an estimated £410,693.

This is based on house price inflation of 32.5%, between October 2018 and December 2024, 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 32.5% inflationary increase is applied to the most recent sale price for 5 MEDWAY CLOSE of £310,000 on 12th October 2018. For the value to have increased from £310,000 to £410,693 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 MEDWAY CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The October 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEDWAY CLOSE has not materially changed since October 2018.

How Large is 5 MEDWAY CLOSE?

5 MEDWAY CLOSE is 96m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Handforth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Handforth, and where 5 MEDWAY CLOSE lies on this distribution: 24% of detached houses houses are smaller than 5 MEDWAY CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Handforth.

5 MEDWAY CLOSE: Plot and Title Map

5 MEDWAY CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 5 MEDWAY 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 MEDWAY 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 MEDWAY CLOSE?

5 MEDWAY CLOSE is located in WILMSLOW, in the SK9 postcode district. The below map shows the position of No. 5 on MEDWAY CLOSE.