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 LOMAS WAY is a large detached house of 153m². It was last sold for £389,995 in May 2018, which was around 11% above the average May 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 7 LOMAS WAY since 1st 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 LOMAS WAY 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 |
---|---|---|---|
2018 31 MAY | £389,995 | £351,677 | 11% above HPI |
2017 20 MAR | £4,510,000 | £332,582 | 1256% 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 two 7 LOMAS WAY sales from March 2017 and May 2018 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 March 2017 sale was for 1256% above the HPI. So the extrapolation line tracks at 1256% above the HPI over time, until the May 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.
7 LOMAS WAY is 153m² according to the EPC inspection conducted in March 2018. This puts it in the largest 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 7 LOMAS WAY lies on this distribution: 79% of detached houses are smaller than 7 LOMAS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Congleton.
7 LOMAS WAY sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 7 LOMAS 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 LOMAS 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 LOMAS WAY is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 7 on LOMAS WAY.