THE COTTAGE, MILL LANE, AUDLEM, CREWE, CW3 0AY - £560,000

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

THE COTTAGE is a very large extended detached house of 214m², built sometime before 1900. It was last sold for £560,000 in November 2015, which was around 75% above the average November 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows four sales for THE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Most of the four THE 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
2015 23 NOV	£560,000	£320,368	75% above HPI
2004 23 AUG	£380,000	£250,931	51% above HPI
1998 29 OCT	£225,000	£114,703	96% above HPI
1996 12 JAN	£34,000	£94,620	64% below HPI

THE 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 four THE COTTAGE sales between January 1996 and November 2015 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 2004 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2015 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 214m², which includes two extensions, according to the EPC inspection conducted in July 2014. 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 THE COTTAGE lies on this distribution: 89% of detached houses are smaller than THE COTTAGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Audlem.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.346 of an acre, or 1,398m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

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