7, WELLESBOURNE CLOSE, MACCLESFIELD, SK10 3RG - £273,000

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 WELLESBOURNE CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £414,249. It was last sold for £273,000 in September 2015, which was around 14% below the average September 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

7 WELLESBOURNE CLOSE Sold Prices

Land registry data shows two sales for 7 WELLESBOURNE CLOSE since 1^st 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 WELLESBOURNE 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
2015 16 SEP	£273,000	£317,841	14% below HPI
2008 12 JUN	£285,000	£292,263	2% below HPI

7 WELLESBOURNE 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 two 7 WELLESBOURNE CLOSE sales from June 2008 and September 2015 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 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 WELLESBOURNE CLOSE be worth now?

7 WELLESBOURNE CLOSE might now be worth an estimated £414,249.

This is based on house price inflation of 51.7%, between September 2015 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 51.7% inflationary increase is applied to the most recent sale price for 7 WELLESBOURNE CLOSE of £273,000 on 16th September 2015. For the value to have increased from £273,000 to £414,249 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 WELLESBOURNE CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The September 2015 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WELLESBOURNE CLOSE has not materially changed since September 2015.

How Large is 7 WELLESBOURNE CLOSE?

7 WELLESBOURNE CLOSE is 83m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% 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 WELLESBOURNE CLOSE lies on this distribution: 13% of detached houses houses are smaller than 7 WELLESBOURNE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

7 WELLESBOURNE CLOSE: Plot and Title Map

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

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