SPINDLE HEY, PRIORY LANE, PRESTBURY, MACCLESFIELD, SK10 4AE - £525,000

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

SPINDLE HEY is a very large extended detached house of 166m², built sometime between 1930 and 1949. It was last sold for £525,000 in August 2019, which was around 44% above the average August 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

SPINDLE HEY Sold Prices

Land registry data shows two sales for SPINDLE HEY 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 SPINDLE HEY 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
2019 22 AUG	£525,000	£365,484	44% above HPI
1999 12 MAY	£220,000	£117,341	87% above HPI

SPINDLE HEY 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 SPINDLE HEY sales from May 1999 and August 2019 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 1999 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the August 2019 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is SPINDLE HEY?

SPINDLE HEY is 166m², which includes four extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses by size in Macclesfield, and where SPINDLE HEY lies on this distribution: 84% of detached houses are smaller than SPINDLE HEY, and 16% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

SPINDLE HEY: Plot and Title Map

SPINDLE HEY sits on a plot of roughly 0.365 of an acre, or 1,478m². The below map shows the location of SPINDLE HEY, 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 SPINDLE HEY). 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 SPINDLE HEY?

SPINDLE HEY is located on PRIORY LANE in PRESTBURY, in the SK10 postcode district. The below map shows the position of SPINDLE HEY on PRIORY LANE.