WILLOW BANK, MONKS LANE, HANKELOW, CREWE, CW3 0JL - £625,000

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

WILLOW BANK is a small extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £625,000 in May 2022, which was around 45% above the average May 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was C.

WILLOW BANK Sold Prices

Land registry data shows two sales for WILLOW BANK 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 WILLOW BANK 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
2022 3 MAY	£625,000	£431,129	45% above HPI
2009 21 DEC	£301,000	£278,527	8% above HPI

WILLOW BANK 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 WILLOW BANK sales from December 2009 and May 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 December 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2022 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is WILLOW BANK?

WILLOW BANK is 149m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% of detached houses in Hankelow, based on EPC data. The below chart shows the distribution of detached houses by size in Hankelow, and where WILLOW BANK lies on this distribution: 31% of detached houses are smaller than WILLOW BANK, and 69% of houses are larger. Note that EPC data is not available for all properties in Hankelow.

WILLOW BANK: Plot and Title Map

WILLOW BANK sits on a plot of roughly 0.295 of an acre, or 1,195m². The below map shows the location of WILLOW BANK, 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 WILLOW BANK). 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 WILLOW BANK?

WILLOW BANK is located on MONKS LANE in HANKELOW, in the CW3 postcode district. The below map shows the position of WILLOW BANK on MONKS LANE.