8, MAGECROFT, CREWE, CW1 4TZ - £220,000

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 MAGECROFT is a midsized detached house of 106m², built sometime between 1996 and 2002. It was last sold for £220,000 in December 2019, which was around 40% below the average December 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

8 MAGECROFT Sold Prices

Land registry data shows two sales for 8 MAGECROFT 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 MAGECROFT 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 3 DEC	£220,000	£367,452	40% below HPI
2001 14 DEC	£113,610	£157,228	28% below HPI

8 MAGECROFT 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 MAGECROFT sales from December 2001 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 December 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 MAGECROFT?

8 MAGECROFT is 106m² according to the EPC inspection conducted in July 2017. This puts it in the largest 50% 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 MAGECROFT lies on this distribution: 52% of detached houses are smaller than 8 MAGECROFT, and 47% of houses are larger. Note that EPC data is not available for all properties in Crewe.

8 MAGECROFT: Plot and Title Map

8 MAGECROFT sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 MAGECROFT, 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 MAGECROFT). 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 MAGECROFT?

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