HALF MILE HOUSE, MARSH LANE, NANTWICH, CW5 5LH - £520,000

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.

HALF MILE HOUSE is a large detached house of 143m², built sometime between 1996 and 2002, which could now be worth an estimated £605,585. It was last sold for £520,000 in February 2022, which was around 26% above the average February 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

HALF MILE HOUSE Sold Prices

Land registry data shows two sales for HALF MILE HOUSE 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 HALF MILE HOUSE 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
2022 28 FEB	£520,000	£414,131	26% above HPI
1999 29 OCT	£199,950	£125,519	59% above HPI

HALF MILE HOUSE 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 HALF MILE HOUSE sales from October 1999 and February 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 1999 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the February 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might HALF MILE HOUSE be worth now?

HALF MILE HOUSE might now be worth an estimated £605,585.

This is based on house price inflation of 16.5%, between February 2022 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 16.5% inflationary increase is applied to the most recent sale price for HALF MILE HOUSE of £520,000 on 28th February 2022. For the value to have increased from £520,000 to £605,585 over the three years to February 2025, the following assumptions must hold true:

• The value of HALF MILE HOUSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The February 2022 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of HALF MILE HOUSE has not materially changed since February 2022.

How Large is HALF MILE HOUSE?

HALF MILE HOUSE is 143m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses houses in Nantwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nantwich, and where HALF MILE HOUSE lies on this distribution: 69% of detached houses houses are smaller than HALF MILE HOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Nantwich.

HALF MILE HOUSE: Plot and Title Map

HALF MILE HOUSE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of HALF MILE HOUSE, 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 HALF MILE HOUSE). 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 HALF MILE HOUSE?

HALF MILE HOUSE is located on MARSH LANE in NANTWICH, in the CW5 postcode district. The below map shows the position of HALF MILE HOUSE on MARSH LANE.