SPRING WOOD, SCHOOL LANE, AUDLEM, CREWE, CW3 0BA - £850,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPRING WOOD is a very large detached house of 210m², built sometime before 1900. It was last sold for £850,000 in March 2023, which was around 90% above the average March 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

SPRING WOOD Sold Prices

Land registry data shows two sales for SPRING WOOD 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 SPRING WOOD 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 27 MAR	£850,000	£447,607	90% above HPI
2007 22 JUN	£480,000	£294,989	63% above HPI

SPRING WOOD 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 SPRING WOOD sales from June 2007 and March 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 June 2007 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2023 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is SPRING WOOD?

SPRING WOOD is 210m² according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses in Audlem, based on EPC data. The below chart shows the distribution of detached houses by size in Audlem, and where SPRING WOOD lies on this distribution: 88% of detached houses are smaller than SPRING WOOD, and 12% of houses are larger. Note that EPC data is not available for all properties in Audlem.

SPRING WOOD: Plot and Title Map

SPRING WOOD sits on a plot of roughly 0.445 of an acre, or 1,801m². The below map shows the location of SPRING WOOD, 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 SPRING WOOD). 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 SPRING WOOD?

SPRING WOOD is located on SCHOOL LANE in AUDLEM, in the CW3 postcode district. The below map shows the position of SPRING WOOD on SCHOOL LANE.