7, ELGIN AVENUE, MACCLESFIELD, SK10 3DX - £325,000

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 ELGIN AVENUE is a large extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £325,000 in December 2020, which was around 19% below the average December 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 ELGIN AVENUE Sold Prices

Land registry data shows two sales for 7 ELGIN AVENUE 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 7 ELGIN AVENUE 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 11 DEC	£325,000	£400,516	19% below HPI
1997 2 MAY	£95,000	£100,838	6% below HPI

7 ELGIN AVENUE 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 7 ELGIN AVENUE sales from May 1997 and December 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 May 1997 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 ELGIN AVENUE?

7 ELGIN AVENUE is 128m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 7 ELGIN AVENUE lies on this distribution: 60% of detached houses are smaller than 7 ELGIN AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

7 ELGIN AVENUE: Plot and Title Map

7 ELGIN AVENUE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 7 ELGIN AVENUE, 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 ELGIN AVENUE). 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 7 ELGIN AVENUE?

7 ELGIN AVENUE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 7 on ELGIN AVENUE.