16, GALBRAITH CLOSE, CONGLETON, CW12 4WG - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 GALBRAITH CLOSE is a very small extended terraced house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £262,889. It was last sold for £190,000 in December 2018, which was around 20% above the average December 2018 terraced price in the Cheshire East local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

16 GALBRAITH CLOSE Sold Prices

Land registry data shows three sales for 16 GALBRAITH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. All of the three 16 GALBRAITH CLOSE 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
2018 19 DEC	£190,000	£157,818	20% above HPI
2003 16 MAY	£124,950	£83,532	50% above HPI
2000 28 JUL	£83,000	£50,224	65% above HPI

16 GALBRAITH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cheshire East local authority area over time, sourced from the HPI. The three 16 GALBRAITH CLOSE sales between July 2000 and December 2018 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 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2018 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 16 GALBRAITH CLOSE be worth now?

16 GALBRAITH CLOSE might now be worth an estimated £262,889.

This is based on house price inflation of 38.4%, between December 2018 and April 2026, for terraced houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.4% inflationary increase is applied to the most recent sale price for 16 GALBRAITH CLOSE of £190,000 on 19th December 2018. For the value to have increased from £190,000 to £262,889 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 16 GALBRAITH CLOSE has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The December 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GALBRAITH CLOSE has not materially changed since December 2018.

How Large is 16 GALBRAITH CLOSE?

16 GALBRAITH CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of terraced houses houses in Congleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Congleton, and where 16 GALBRAITH CLOSE lies on this distribution: 17% of terraced houses houses are smaller than 16 GALBRAITH CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Congleton.

16 GALBRAITH CLOSE: Plot and Title Map

16 GALBRAITH CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 16 GALBRAITH CLOSE, 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 16 GALBRAITH CLOSE). 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 16 GALBRAITH CLOSE?

16 GALBRAITH CLOSE is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 16 on GALBRAITH CLOSE.