SERENITY COTTAGE, 231A, PETER STREET, MACCLESFIELD, SK11 8ET - £325,000

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

SERENITY COTTAGE is a midsized detached house of 120m², built in 2021. It was last sold for £325,000 in August 2021, which was around 18% below the average August 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was B.

SERENITY COTTAGE Sold Prices

Land registry data shows two sales for SERENITY COTTAGE 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 SERENITY COTTAGE 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
2021 27 AUG	£325,000	£396,645	18% below HPI
2020 15 OCT	£60,000	£396,947	85% below HPI

SERENITY 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 two SERENITY COTTAGE sales from October 2020 and August 2021 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 2020 sale was for 85% below the HPI. So the extrapolation line tracks at 85% below the HPI over time, until the August 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is SERENITY COTTAGE?

SERENITY COTTAGE is 120m² according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where SERENITY COTTAGE lies on this distribution: 52% of detached houses are smaller than SERENITY COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

SERENITY COTTAGE: Plot and Title Map

SERENITY COTTAGE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of SERENITY 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 SERENITY 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 SERENITY COTTAGE?

SERENITY COTTAGE is located on PETER STREET in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of SERENITY COTTAGE on PETER STREET.