HOPE COTTAGE, MONKS LANE, AUDLEM, CREWE, CW3 0HP - £490,000

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

HOPE COTTAGE is a midsized extended detached house of 125m², built sometime before 1900. It was last sold for £490,000 in December 2023, which was around 9% above the average December 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was A.

HOPE COTTAGE Sold Prices

Land registry data shows three sales for HOPE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three HOPE COTTAGE 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
2023 8 DEC	£490,000	£451,406	9% above HPI
1999 9 AUG	£178,000	£123,971	44% above HPI
1998 4 AUG	£168,000	£113,254	48% above HPI

HOPE COTTAGE 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 three HOPE COTTAGE sales between August 1998 and December 2023 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 August 1999 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is HOPE COTTAGE?

HOPE COTTAGE is 125m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses in Audlem, based on EPC data. The below chart shows the distribution of detached houses by size in Audlem, and where HOPE COTTAGE lies on this distribution: 54% of detached houses are smaller than HOPE COTTAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Audlem.

HOPE COTTAGE: Plot and Title Map

HOPE COTTAGE sits on a plot of roughly 0.228 of an acre, or 923m². The below map shows the location of HOPE COTTAGE, 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 HOPE COTTAGE). 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 HOPE COTTAGE?

HOPE COTTAGE is located on MONKS LANE in AUDLEM, in the CW3 postcode district. The below map shows the position of HOPE COTTAGE on MONKS LANE.