2, HEDINGHAM CLOSE, MACCLESFIELD, SK10 3LZ - £247,000

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 HEDINGHAM CLOSE is a large terraced house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £446,387. It was last sold for £247,000 in September 2009, which was around 100% above the average September 2009 terraced price in the Cheshire East local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

2 HEDINGHAM CLOSE Sold Prices

Land registry data shows two sales for 2 HEDINGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. Both of the two 2 HEDINGHAM 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
2009 30 SEP	£247,000	£123,222	100% above HPI
2000 28 APR	£143,200	£50,572	183% above HPI

2 HEDINGHAM 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 two 2 HEDINGHAM CLOSE sales from April 2000 and September 2009 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 2000 sale was for 183% above the HPI. So the extrapolation line tracks at 183% above the HPI over time, until the September 2009 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 2 HEDINGHAM CLOSE be worth now?

2 HEDINGHAM CLOSE might now be worth an estimated £446,387.

This is based on house price inflation of 80.7%, between September 2009 and May 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 80.7% inflationary increase is applied to the most recent sale price for 2 HEDINGHAM CLOSE of £247,000 on 30th September 2009. For the value to have increased from £247,000 to £446,387 over the seventeen years and four months to May 2026, the following assumptions must hold true:

• The value of 2 HEDINGHAM CLOSE has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The September 2009 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEDINGHAM CLOSE has not materially changed since September 2009.

How Large is 2 HEDINGHAM CLOSE?

2 HEDINGHAM CLOSE is 131m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of terraced houses houses in Macclesfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Macclesfield, and where 2 HEDINGHAM CLOSE lies on this distribution: 63% of terraced houses houses are smaller than 2 HEDINGHAM CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

2 HEDINGHAM CLOSE: Plot and Title Map

2 HEDINGHAM CLOSE sits on a plot of roughly 9.3 acres, or 37,511m². The below map shows the location of 2 HEDINGHAM 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 2 HEDINGHAM 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 2 HEDINGHAM CLOSE?

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