7, UNDERWOOD CLOSE, MACCLESFIELD, SK10 3QD - £348,000

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 UNDERWOOD CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £481,721. It was last sold for £348,000 in April 2018, which was about the average April 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

7 UNDERWOOD CLOSE Sold Prices

Land registry data shows five sales for 7 UNDERWOOD CLOSE since 1^st 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 UNDERWOOD CLOSE 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
2018 12 APR	£348,000	£348,412	Close to HPI
2015 1 JUN	£274,000	£300,772	9% below HPI
1999 19 NOV	£139,000	£123,239	13% above HPI
1998 15 OCT	£120,000	£113,426	6% above HPI
1997 16 JUN	£104,000	£100,735	3% above HPI

7 UNDERWOOD 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 five 7 UNDERWOOD CLOSE sales between June 1997 and April 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 June 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 7 UNDERWOOD CLOSE be worth now?

7 UNDERWOOD CLOSE might now be worth an estimated £481,721.

This is based on house price inflation of 38.4%, between April 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 38.4% inflationary increase is applied to the most recent sale price for 7 UNDERWOOD CLOSE of £348,000 on 12th April 2018. For the value to have increased from £348,000 to £481,721 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 7 UNDERWOOD CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The April 2018 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 7 UNDERWOOD CLOSE has not materially changed since April 2018.

How Large is 7 UNDERWOOD CLOSE?

7 UNDERWOOD CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Macclesfield, and where 7 UNDERWOOD CLOSE lies on this distribution: 26% of detached houses houses are smaller than 7 UNDERWOOD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

7 UNDERWOOD CLOSE: Plot and Title Map

7 UNDERWOOD CLOSE sits on a plot of roughly 7.2 acres, or 29,057m². The below map shows the location of 7 UNDERWOOD 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 UNDERWOOD 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 UNDERWOOD CLOSE?

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