6, FRIARS CLOSE, RAINOW, MACCLESFIELD, SK10 5UQ - £270,000

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.

6 FRIARS CLOSE is a very small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £360,302. It was last sold for £270,000 in August 2019, which was around 25% below the average August 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was B.

6 FRIARS CLOSE Sold Prices

Land registry data shows three sales for 6 FRIARS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 6 FRIARS CLOSE 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 29 AUG	£270,000	£361,415	25% below HPI
2015 27 MAR	£230,000	£304,310	24% below HPI
1999 15 OCT	£105,000	£125,519	16% below HPI

6 FRIARS 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 three 6 FRIARS CLOSE sales between October 1999 and August 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 6 FRIARS CLOSE be worth now?

6 FRIARS CLOSE might now be worth an estimated £360,302.

This is based on house price inflation of 33.4%, between August 2019 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 33.4% inflationary increase is applied to the most recent sale price for 6 FRIARS CLOSE of £270,000 on 29th August 2019. For the value to have increased from £270,000 to £360,302 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 6 FRIARS CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The August 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FRIARS CLOSE has not materially changed since August 2019.

How Large is 6 FRIARS CLOSE?

6 FRIARS CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses houses in Rainow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainow, and where 6 FRIARS CLOSE lies on this distribution: 5% of detached houses houses are smaller than 6 FRIARS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Rainow.

6 FRIARS CLOSE: Plot and Title Map

6 FRIARS CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 6 FRIARS 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 6 FRIARS 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 6 FRIARS CLOSE?

6 FRIARS CLOSE is located in RAINOW, in the SK10 postcode district. The below map shows the position of No. 6 on FRIARS CLOSE.