5, OLD FARM CLOSE, MACCLESFIELD, SK10 3BX - £445,000

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 OLD FARM CLOSE is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £445,000 in November 2023, which was around 3% below the average November 2023 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 C.

5 OLD FARM CLOSE Sold Prices

Land registry data shows two sales for 5 OLD FARM 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 OLD FARM 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
2023 27 NOV	£445,000	£457,132	3% below HPI
2006 24 JAN	£295,000	£262,986	12% above HPI

5 OLD FARM 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 OLD FARM CLOSE sales from January 2006 and November 2023 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 January 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 OLD FARM CLOSE?

5 OLD FARM CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 5 OLD FARM CLOSE lies on this distribution: 69% of detached houses are smaller than 5 OLD FARM CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

5 OLD FARM CLOSE: Plot and Title Map

5 OLD FARM CLOSE sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 5 OLD FARM 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 OLD FARM 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 OLD FARM CLOSE?

5 OLD FARM CLOSE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 5 on OLD FARM CLOSE.