7, ORME CLOSE, PRESTBURY, MACCLESFIELD, SK10 4JE - £800,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 ORME CLOSE is a small extended detached house of 180m², built sometime between 1950 and 1966, which could now be worth an estimated £1,081,925. It was last sold for £800,000 in August 2018, which was around 124% above the average August 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

7 ORME CLOSE Sold Prices

Land registry data shows three sales for 7 ORME CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 7 ORME CLOSE 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 29 AUG	£800,000	£356,617	124% above HPI
2005 16 SEP	£560,000	£268,739	108% above HPI
1996 29 NOV	£182,500	£99,468	83% above HPI

7 ORME CLOSE 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 three 7 ORME CLOSE sales between November 1996 and August 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 September 2005 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the August 2018 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might 7 ORME CLOSE be worth now?

7 ORME CLOSE might now be worth an estimated £1,081,925.

This is based on house price inflation of 35.2%, between August 2018 and February 2025, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 7 ORME CLOSE of £800,000 on 29th August 2018. For the value to have increased from £800,000 to £1,081,925 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 7 ORME CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The August 2018 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ORME CLOSE has not materially changed since August 2018.

How Large is 7 ORME CLOSE?

7 ORME CLOSE is 180m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses houses in Prestbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestbury, and where 7 ORME CLOSE lies on this distribution: 35% of detached houses houses are smaller than 7 ORME CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Prestbury.

7 ORME CLOSE: Plot and Title Map

7 ORME CLOSE sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of 7 ORME 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 ORME 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.

Where is 7 ORME CLOSE?

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