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
61 PADGBURY LANE is a very small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £310,000 in April 2023, which was around 30% below the average April 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 61 PADGBURY LANE since 1st 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. Two of the three 61 PADGBURY LANE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2023 14 APR | £310,000 | £444,289 | 30% below HPI |
2002 17 MAY | £159,000 | £157,985 | 1% above HPI |
2001 7 SEP | £95,000 | £152,987 | 38% 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 three 61 PADGBURY LANE sales between September 2001 and April 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 May 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
61 PADGBURY LANE is 89m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Congleton, based on EPC data. The below chart shows the distribution of detached houses by size in Congleton, and where 61 PADGBURY LANE lies on this distribution: 16% of detached houses are smaller than 61 PADGBURY LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Congleton.
61 PADGBURY LANE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 61 PADGBURY 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 61 PADGBURY 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.
61 PADGBURY LANE is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 61 on PADGBURY LANE.