11, ELM DRIVE, MACCLESFIELD, SK10 2DF - £167,500

11 ELM DRIVE is a very small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £167,500 in September 2014, which was around 45% below the average September 2014 detached price in the Cheshire East local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

11 ELM DRIVE Sold Prices

Land registry data shows three sales for 11 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 11 ELM DRIVE 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
2014 5 SEP	£167,500	£303,843	45% below HPI
2002 22 NOV	£122,500	£190,466	36% below HPI
1997 12 MAR	£62,000	£99,319	38% below HPI

11 ELM DRIVE 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 three 11 ELM DRIVE sales between March 1997 and September 2014 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 November 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2014 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 11 ELM DRIVE?

11 ELM DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 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 11 ELM DRIVE lies on this distribution: 18% of detached houses are smaller than 11 ELM DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

11 ELM DRIVE: Plot and Title Map

11 ELM DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 11 ELM DRIVE, 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 11 ELM DRIVE). 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 11 ELM DRIVE?

11 ELM DRIVE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 11 on ELM DRIVE.