8, PENRITH AVENUE, MACCLESFIELD, SK11 8PP - £245,000

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 PENRITH AVENUE is a very small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £245,000 in February 2021, which was around 38% below the average February 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

8 PENRITH AVENUE Sold Prices

Land registry data shows two sales for 8 PENRITH AVENUE 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 PENRITH AVENUE 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
2021 12 FEB	£245,000	£395,922	38% below HPI
1998 3 NOV	£75,950	£115,693	34% below HPI

8 PENRITH AVENUE 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 PENRITH AVENUE sales from November 1998 and February 2021 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 November 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 PENRITH AVENUE?

8 PENRITH AVENUE is 90m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% 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 PENRITH AVENUE lies on this distribution: 19% of detached houses are smaller than 8 PENRITH AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

8 PENRITH AVENUE: Plot and Title Map

8 PENRITH AVENUE sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of 8 PENRITH AVENUE, 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 PENRITH AVENUE). 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 PENRITH AVENUE?

8 PENRITH AVENUE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 8 on PENRITH AVENUE.