5, WRIGHTS LANE, SANDBACH, CW11 2JX - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WRIGHTS LANE is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £367,259. It was last sold for £345,000 in October 2022, which was around 24% below the average October 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

5 WRIGHTS LANE Sold Prices

Land registry data shows two sales for 5 WRIGHTS LANE 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. Both of the two 5 WRIGHTS 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
2022 20 OCT	£345,000	£453,060	24% below HPI
2016 3 JUN	£161,000	£330,249	51% below HPI

5 WRIGHTS LANE 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 WRIGHTS LANE sales from June 2016 and October 2022 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 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 WRIGHTS LANE be worth now?

5 WRIGHTS LANE might now be worth an estimated £367,259.

This is based on house price inflation of 6.5%, between October 2022 and February 2025, 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 6.5% inflationary increase is applied to the most recent sale price for 5 WRIGHTS LANE of £345,000 on 20th October 2022. For the value to have increased from £345,000 to £367,259 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 WRIGHTS LANE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The October 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WRIGHTS LANE has not materially changed since October 2022.

How Large is 5 WRIGHTS LANE?

5 WRIGHTS LANE is 76m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses houses in Sandbach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandbach, and where 5 WRIGHTS LANE lies on this distribution: 8% of detached houses houses are smaller than 5 WRIGHTS LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Sandbach.

5 WRIGHTS LANE: Plot and Title Map

5 WRIGHTS LANE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 5 WRIGHTS 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 WRIGHTS 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.

Where is 5 WRIGHTS LANE?

5 WRIGHTS LANE is located in SANDBACH, in the CW11 postcode district. The below map shows the position of No. 5 on WRIGHTS LANE.