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 PENNINGTONS LANE is a very small detached house of 64m², built sometime between 1930 and 1949. It was last sold for £207,500 in February 2019, which was around 42% below the average February 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 5 PENNINGTONS LANE since 1st 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 PENNINGTONS LANE 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 |
---|---|---|---|
2019 4 FEB | £207,500 | £358,590 | 42% below HPI |
2016 4 MAR | £186,000 | £323,797 | 43% below HPI |
2009 23 OCT | £90,000 | £276,659 | 67% below HPI |
2007 28 FEB | £125,000 | £280,777 | 55% below HPI |
2002 22 MAR | £85,675 | £154,908 | 45% below HPI |
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 PENNINGTONS LANE sales between March 2002 and February 2019 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 March 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.
5 PENNINGTONS LANE is 64m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 PENNINGTONS LANE lies on this distribution: 2% of detached houses are smaller than 5 PENNINGTONS LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.
5 PENNINGTONS LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 5 PENNINGTONS LANE, 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 PENNINGTONS LANE). 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.
5 PENNINGTONS LANE is located in GAWSWORTH, in the SK11 postcode district. The below map shows the position of No. 5 on PENNINGTONS LANE.