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 STEELE ROAD is a very small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £160,000 in May 2016, which was around 51% below the average May 2016 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 5 STEELE ROAD 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 STEELE ROAD 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 |
---|---|---|---|
2016 13 MAY | £160,000 | £329,606 | 51% below HPI |
2008 23 MAY | £168,000 | £293,777 | 43% below HPI |
2005 8 APR | £155,000 | £253,589 | 39% below HPI |
2000 4 FEB | £69,950 | £125,093 | 44% below HPI |
1998 4 DEC | £58,500 | £115,283 | 49% 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 STEELE ROAD sales between December 1998 and May 2016 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 May 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2016 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
5 STEELE ROAD is 86m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses by size in Middlewich, and where 5 STEELE ROAD lies on this distribution: 18% of detached houses are smaller than 5 STEELE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
5 STEELE ROAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 5 STEELE ROAD, 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 STEELE ROAD). 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 STEELE ROAD is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 5 on STEELE ROAD.