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
6 NEEDHAM DRIVE is a midsized extended detached house of 156m², built sometime between 1996 and 2002. It was last sold for £540,000 in September 2022, which was around 19% above the average September 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 6 NEEDHAM DRIVE 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 6 NEEDHAM DRIVE sales were for above 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 16 SEP | £540,000 | £454,873 | 19% above HPI |
2005 29 JUL | £339,000 | £263,976 | 28% above HPI |
2003 17 JAN | £249,000 | £195,867 | 27% above HPI |
1997 28 NOV | £132,950 | £106,985 | 24% above 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 6 NEEDHAM DRIVE sales between November 1997 and September 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 July 2005 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.
6 NEEDHAM DRIVE is 156m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Cranage, based on EPC data. The below chart shows the distribution of detached houses by size in Cranage, and where 6 NEEDHAM DRIVE lies on this distribution: 44% of detached houses are smaller than 6 NEEDHAM DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Cranage.
6 NEEDHAM DRIVE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 6 NEEDHAM DRIVE, 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 NEEDHAM DRIVE). 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.
6 NEEDHAM DRIVE is located in CRANAGE, in the CW4 postcode district. The below map shows the position of No. 6 on NEEDHAM DRIVE.