8, LYCEUM WAY, CREWE, CW1 3YF - £180,000

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 LYCEUM WAY is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £180,000 in December 2019, which was around 51% below the average December 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

8 LYCEUM WAY Sold Prices

Land registry data shows five sales for 8 LYCEUM WAY 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. All of the five 8 LYCEUM 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
2019 10 DEC	£180,000	£367,452	51% below HPI
2009 18 SEP	£114,500	£276,311	59% below HPI
2005 18 MAR	£125,000	£253,626	51% below HPI
2003 1 MAY	£95,000	£208,705	54% below HPI
2000 15 SEP	£55,000	£135,013	59% below HPI

8 LYCEUM 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 five 8 LYCEUM WAY sales between September 2000 and December 2019 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 2009 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the December 2019 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 8 LYCEUM WAY?

8 LYCEUM WAY is 78m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 8 LYCEUM WAY lies on this distribution: 17% of detached houses are smaller than 8 LYCEUM WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Crewe.

8 LYCEUM WAY: Plot and Title Map

8 LYCEUM WAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 8 LYCEUM 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 8 LYCEUM 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 8 LYCEUM WAY?

8 LYCEUM WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 8 on LYCEUM WAY.