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 OLDGATE CLOSE is a very small extended detached house of 63m², built sometime between 1967 and 1975. It was last sold for £245,000 in July 2023, which was around 46% below the average July 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 7 OLDGATE CLOSE 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 OLDGATE CLOSE 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 |
---|---|---|---|
2023 31 JUL | £245,000 | £449,834 | 46% below HPI |
2003 30 JUL | £122,500 | £212,904 | 42% 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 two 7 OLDGATE CLOSE sales from July 2003 and July 2023 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 July 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
7 OLDGATE CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses by size in Middlewich, and where 7 OLDGATE CLOSE lies on this distribution: 3% of detached houses are smaller than 7 OLDGATE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Middlewich.
7 OLDGATE CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 7 OLDGATE CLOSE, 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 OLDGATE CLOSE). 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 OLDGATE CLOSE is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 7 on OLDGATE CLOSE.