7, ELM RISE, PRESTBURY, MACCLESFIELD, SK10 4US - £775,000

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 ELM RISE is a small extended detached house of 172m², built sometime between 1976 and 1982. It was last sold for £775,000 in October 2022, which was around 69% above the average October 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

7 ELM RISE Sold Prices

Land registry data shows four sales for 7 ELM RISE since 1^st 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 ELM RISE 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 31 OCT	£775,000	£458,159	69% above HPI
2020 29 JAN	£610,000	£363,943	68% above HPI
2011 26 APR	£588,000	£283,782	107% above HPI
1998 20 MAR	£190,000	£105,900	79% above HPI

7 ELM RISE 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 four 7 ELM RISE sales between March 1998 and October 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 January 2020 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 7 ELM RISE?

7 ELM RISE is 172m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses by size in Prestbury, and where 7 ELM RISE lies on this distribution: 32% of detached houses are smaller than 7 ELM RISE, and 67% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

7 ELM RISE: Plot and Title Map

7 ELM RISE sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 7 ELM RISE, 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 ELM RISE). 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 ELM RISE?

7 ELM RISE is located in PRESTBURY, in the SK10 postcode district. The below map shows the position of No. 7 on ELM RISE.