2, MARIGOLD CLOSE, MACCLESFIELD, SK11 8RG - £307,500

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 MARIGOLD CLOSE is a midsized extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £415,000. It was last sold for £307,500 in August 2018, which was around 14% below the average August 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 MARIGOLD CLOSE Sold Prices

Land registry data shows two sales for 2 MARIGOLD CLOSE 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 2 MARIGOLD CLOSE 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
2018 3 AUG	£307,500	£356,617	14% below HPI
1996 1 AUG	£75,500	£98,535	23% below HPI

2 MARIGOLD CLOSE 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 2 MARIGOLD CLOSE sales from August 1996 and August 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 August 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 MARIGOLD CLOSE be worth now?

2 MARIGOLD CLOSE might now be worth an estimated £415,000.

This is based on house price inflation of 35%, between August 2018 and April 2026, 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 35% inflationary increase is applied to the most recent sale price for 2 MARIGOLD CLOSE of £307,500 on 3rd August 2018. For the value to have increased from £307,500 to £415,000 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 2 MARIGOLD CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The August 2018 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MARIGOLD CLOSE has not materially changed since August 2018.

How Large is 2 MARIGOLD CLOSE?

2 MARIGOLD CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% 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 MARIGOLD CLOSE lies on this distribution: 49% of detached houses houses are smaller than 2 MARIGOLD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

2 MARIGOLD CLOSE: Plot and Title Map

2 MARIGOLD CLOSE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 2 MARIGOLD 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 MARIGOLD 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 MARIGOLD CLOSE?

2 MARIGOLD CLOSE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 2 on MARIGOLD CLOSE.