FOURWAYS, CONGLETON ROAD, GAWSWORTH, MACCLESFIELD, SK11 9ES - £296,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FOURWAYS is a small extended detached house of 121m², built sometime between 1930 and 1949, which could now be worth an estimated £360,448. It was last sold for £296,000 in December 2020, which was around 25% below the average December 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was A.

FOURWAYS Sold Prices

Land registry data shows two sales for FOURWAYS 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 FOURWAYS 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
2020 11 DEC	£296,000	£396,058	25% below HPI
2012 20 JAN	£60,000	£270,970	78% below HPI

FOURWAYS 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 FOURWAYS sales from January 2012 and December 2020 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 January 2012 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might FOURWAYS be worth now?

FOURWAYS might now be worth an estimated £360,448.

This is based on house price inflation of 21.8%, between December 2020 and February 2025, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.8% inflationary increase is applied to the most recent sale price for FOURWAYS of £296,000 on 11th December 2020. For the value to have increased from £296,000 to £360,448 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of FOURWAYS has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The December 2020 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of FOURWAYS has not materially changed since December 2020.

How Large is FOURWAYS?

FOURWAYS is 121m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Gawsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gawsworth, and where FOURWAYS lies on this distribution: 32% of detached houses houses are smaller than FOURWAYS, and 65% of houses are larger. Note that EPC data is not available for all properties in Gawsworth.

FOURWAYS: Plot and Title Map

FOURWAYS sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of FOURWAYS, 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 FOURWAYS). 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 FOURWAYS?

FOURWAYS is located on CONGLETON ROAD in GAWSWORTH, in the SK11 postcode district. The below map shows the position of FOURWAYS on CONGLETON ROAD.