MILL COTTAGE, SALFORD, AUDLEM, CREWE, CW3 0BJ - £585,000

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

MILL COTTAGE is a small extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £585,000 in September 2022, which was around 29% above the average September 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

MILL COTTAGE Sold Prices

Land registry data shows three sales for MILL 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. Two of the three MILL COTTAGE sales were for above the average price, whilst one was 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 26 SEP	£585,000	£454,873	29% above HPI
2019 28 FEB	£365,000	£358,590	2% above HPI
2005 1 SEP	£259,500	£271,764	5% below HPI

MILL 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 MILL COTTAGE sales between September 2005 and September 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 February 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is MILL COTTAGE?

MILL COTTAGE is 110m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Audlem, based on EPC data. The below chart shows the distribution of detached houses by size in Audlem, and where MILL COTTAGE lies on this distribution: 30% of detached houses are smaller than MILL COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Audlem.

MILL COTTAGE: Plot and Title Map

MILL COTTAGE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of MILL 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 MILL 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 MILL COTTAGE?

MILL COTTAGE is located on SALFORD in AUDLEM, in the CW3 postcode district. The below map shows the position of MILL COTTAGE on SALFORD.