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
7 GRITSTONE DRIVE is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £395,000 in January 2021, which was about the average January 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 7 GRITSTONE DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. The five 7 GRITSTONE DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2021 28 JAN | £395,000 | £396,178 | Close to HPI |
2012 29 JUN | £290,000 | £273,942 | 6% above HPI |
2008 6 JUN | £277,500 | £295,553 | 6% below HPI |
2003 29 OCT | £240,000 | £220,573 | 9% above HPI |
2000 12 MAY | £152,850 | £129,011 | 18% 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 five 7 GRITSTONE DRIVE sales between May 2000 and January 2021 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 June 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
7 GRITSTONE DRIVE is 94m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% 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 GRITSTONE DRIVE lies on this distribution: 23% of detached houses are smaller than 7 GRITSTONE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.
7 GRITSTONE DRIVE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 7 GRITSTONE 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 7 GRITSTONE 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.
7 GRITSTONE DRIVE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 7 on GRITSTONE DRIVE.