8, FERN LEA DRIVE, MACCLESFIELD, SK11 8PQ - £350,000

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

8 FERN LEA DRIVE is a large detached house of 129m², built sometime between 1991 and 1995. It was last sold for £350,000 in July 2015, which was around 14% above the average July 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

8 FERN LEA DRIVE Sold Prices

Land registry data shows two sales for 8 FERN LEA DRIVE 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 8 FERN LEA DRIVE 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
2015 29 JUL	£350,000	£305,999	14% above HPI
1998 15 JUL	£149,950	£113,787	32% above HPI

8 FERN LEA DRIVE 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 8 FERN LEA DRIVE sales from July 1998 and July 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 July 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 8 FERN LEA DRIVE?

8 FERN LEA DRIVE is 129m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where 8 FERN LEA DRIVE lies on this distribution: 61% of detached houses are smaller than 8 FERN LEA DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

8 FERN LEA DRIVE: Plot and Title Map

8 FERN LEA DRIVE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 8 FERN LEA DRIVE, 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 8 FERN LEA DRIVE). 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 8 FERN LEA DRIVE?

8 FERN LEA DRIVE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 8 on FERN LEA DRIVE.