GREEN BANK, AUDLEM ROAD, HANKELOW, CREWE, CW3 0JA - £500,000

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.

GREEN BANK is a very large extended detached house of 245m², built sometime between 1900 and 1929, which could now be worth an estimated £672,807. It was last sold for £500,000 in February 2020, which was around 40% above the average February 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

GREEN BANK Sold Prices

Land registry data shows four sales for GREEN BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four GREEN BANK sales were for above 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 24 FEB	£500,000	£358,417	40% above HPI
2010 28 MAY	£432,000	£279,986	54% above HPI
1997 3 SEP	£157,500	£107,011	47% above HPI
1995 21 SEP	£160,000	£94,273	70% above HPI

GREEN BANK 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 four GREEN BANK sales between September 1995 and February 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 May 2010 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might GREEN BANK be worth now?

GREEN BANK might now be worth an estimated £672,807.

This is based on house price inflation of 34.6%, between February 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 34.6% inflationary increase is applied to the most recent sale price for GREEN BANK of £500,000 on 24th February 2020. For the value to have increased from £500,000 to £672,807 over the five years to February 2025, the following assumptions must hold true:

• The value of GREEN BANK has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The February 2020 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN BANK has not materially changed since February 2020.

How Large is GREEN BANK?

GREEN BANK is 245m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses houses in Hankelow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hankelow, and where GREEN BANK lies on this distribution: 80% of detached houses houses are smaller than GREEN BANK, and 20% of houses are larger. Note that EPC data is not available for all properties in Hankelow.

GREEN BANK: Plot and Title Map

GREEN BANK sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of GREEN BANK, 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 GREEN BANK). 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 GREEN BANK?

GREEN BANK is located on AUDLEM ROAD in HANKELOW, in the CW3 postcode district. The below map shows the position of GREEN BANK on AUDLEM ROAD.