2, GRITSTONE DRIVE, MACCLESFIELD, SK10 3SF - £490,000

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.

2 GRITSTONE DRIVE is a very large extended detached house of 181m², built sometime between 1996 and 2002, which could now be worth an estimated £644,942. It was last sold for £490,000 in August 2020, which was around 31% above the average August 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

2 GRITSTONE DRIVE Sold Prices

Land registry data shows three sales for 2 GRITSTONE 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 2 GRITSTONE DRIVE 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
2020 28 AUG	£490,000	£373,217	31% above HPI
2015 30 APR	£435,000	£305,133	43% above HPI
2000 19 DEC	£263,750	£135,886	94% above HPI

2 GRITSTONE 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 2 GRITSTONE DRIVE sales between December 2000 and August 2020 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 April 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2020 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 GRITSTONE DRIVE be worth now?

2 GRITSTONE DRIVE might now be worth an estimated £644,942.

This is based on house price inflation of 31.6%, between August 2020 and March 2025, for detached 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 31.6% inflationary increase is applied to the most recent sale price for 2 GRITSTONE DRIVE of £490,000 on 28th August 2020. For the value to have increased from £490,000 to £644,942 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of 2 GRITSTONE DRIVE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The August 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRITSTONE DRIVE has not materially changed since August 2020.

How Large is 2 GRITSTONE DRIVE?

2 GRITSTONE DRIVE is 181m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Macclesfield, and where 2 GRITSTONE DRIVE lies on this distribution: 90% of detached houses houses are smaller than 2 GRITSTONE DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

2 GRITSTONE DRIVE: Plot and Title Map

2 GRITSTONE DRIVE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 2 GRITSTONE 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 2 GRITSTONE 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 2 GRITSTONE DRIVE?

2 GRITSTONE DRIVE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 2 on GRITSTONE DRIVE.