Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
9 MARGERY AVENUE is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £285,000 in November 2022, which was around 38% below the average November 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 9 MARGERY AVENUE since 1st 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 9 MARGERY 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 |
---|---|---|---|
2022 30 NOV | £285,000 | £461,308 | 38% below HPI |
2011 31 OCT | £194,000 | £287,325 | 32% below HPI |
2007 24 OCT | £237,000 | £305,918 | 23% below HPI |
2001 18 MAY | £120,000 | £138,620 | 13% below HPI |
1995 27 JAN | £65,000 | £100,124 | 35% below HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The five 9 MARGERY AVENUE sales between January 1995 and November 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 October 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
9 MARGERY AVENUE is 116m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses in Scholar Green, based on EPC data. The below chart shows the distribution of detached houses by size in Scholar Green, and where 9 MARGERY AVENUE lies on this distribution: 44% of detached houses are smaller than 9 MARGERY AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Scholar Green.
9 MARGERY AVENUE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 9 MARGERY 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 9 MARGERY 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.
9 MARGERY AVENUE is located in SCHOLAR GREEN, in the ST7 postcode district. The below map shows the position of No. 9 on MARGERY AVENUE.