78, MCKELVEY WAY, AUDLEM, CREWE, CW3 0FJ - £407,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

78 MCKELVEY WAY is a midsized detached house of 119m², built in 2021. It was last sold for £407,500 in May 2022, which was around 5% below the average May 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

78 MCKELVEY WAY Sold Prices

Land registry data shows two sales for 78 MCKELVEY WAY 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 78 MCKELVEY WAY 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
2022 30 MAY	£407,500	£431,129	5% below HPI
2020 31 JAN	£319,995	£363,943	12% below HPI

78 MCKELVEY WAY 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 78 MCKELVEY WAY sales from January 2020 and May 2022 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 January 2020 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 78 MCKELVEY WAY?

78 MCKELVEY WAY is 119m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Audlem, based on EPC data. The below chart shows the distribution of detached houses by size in Audlem, and where 78 MCKELVEY WAY lies on this distribution: 46% of detached houses are smaller than 78 MCKELVEY WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Audlem.

78 MCKELVEY WAY: Plot and Title Map

78 MCKELVEY WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 78 MCKELVEY 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 78 MCKELVEY 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.

Where is 78 MCKELVEY WAY?

78 MCKELVEY WAY is located in AUDLEM, in the CW3 postcode district. The below map shows the position of No. 78 on MCKELVEY WAY.