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
7 BINYON WAY is a midsized detached house of 99m², built sometime between 1950 and 1966. It was last sold for £220,000 in February 2020, which was around 39% below the average February 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 7 BINYON 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 7 BINYON 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 |
---|---|---|---|
2020 28 FEB | £220,000 | £362,451 | 39% below HPI |
2019 30 APR | £184,000 | £359,737 | 49% below HPI |
2015 24 JUL | £145,000 | £305,999 | 53% below HPI |
2008 20 OCT | £159,000 | £284,721 | 44% 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 7 BINYON WAY sales between October 2008 and February 2020 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 April 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
7 BINYON WAY is 99m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 7 BINYON WAY lies on this distribution: 42% of detached houses are smaller than 7 BINYON WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Crewe.
7 BINYON WAY sits on a plot of roughly 0.117 of an acre, or 471m². The below map shows the location of 7 BINYON 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 7 BINYON 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.
7 BINYON WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 7 on BINYON WAY.