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 VENABLES WAY is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £270,000 in July 2023, which was around 40% below the average July 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 5 VENABLES WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 5 VENABLES WAY 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 |
---|---|---|---|
2023 28 JUL | £270,000 | £449,834 | 40% below HPI |
2016 29 JUN | £177,500 | £333,966 | 47% below HPI |
2009 26 JUN | £172,000 | £259,895 | 34% below HPI |
2003 22 SEP | £133,950 | £219,812 | 39% 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 four 5 VENABLES WAY sales between September 2003 and July 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 June 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
5 VENABLES WAY is 78m² according to the EPC inspection conducted in August 2024. 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 VENABLES WAY lies on this distribution: 12% of detached houses are smaller than 5 VENABLES WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
5 VENABLES WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 VENABLES WAY, 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 VENABLES WAY). 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 VENABLES WAY is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 5 on VENABLES WAY.