2, PARK MOUNT CLOSE, MACCLESFIELD, SK11 8NW - £435,000

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 PARK MOUNT CLOSE is a very large extended detached house of 171m², built sometime between 1983 and 1990, which could now be worth an estimated £545,795. It was last sold for £435,000 in November 2020, which was around 11% above the average November 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

2 PARK MOUNT CLOSE Sold Prices

Land registry data shows three sales for 2 PARK MOUNT CLOSE 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 PARK MOUNT 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
2020 17 NOV	£435,000	£391,646	11% above HPI
2008 22 APR	£332,500	£291,490	14% above HPI
1997 21 AUG	£140,000	£105,778	32% above HPI

2 PARK MOUNT 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 three 2 PARK MOUNT CLOSE sales between August 1997 and November 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 2008 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 PARK MOUNT CLOSE be worth now?

2 PARK MOUNT CLOSE might now be worth an estimated £545,795.

This is based on house price inflation of 25.5%, between November 2020 and May 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 25.5% inflationary increase is applied to the most recent sale price for 2 PARK MOUNT CLOSE of £435,000 on 17th November 2020. For the value to have increased from £435,000 to £545,795 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 2 PARK MOUNT CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The November 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK MOUNT CLOSE has not materially changed since November 2020.

How Large is 2 PARK MOUNT CLOSE?

2 PARK MOUNT CLOSE is 171m², which includes two extensions, according to the EPC inspection conducted in July 2020. 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 PARK MOUNT CLOSE lies on this distribution: 86% of detached houses houses are smaller than 2 PARK MOUNT CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

2 PARK MOUNT CLOSE: Plot and Title Map

2 PARK MOUNT CLOSE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 2 PARK MOUNT 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 PARK MOUNT 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 PARK MOUNT CLOSE?

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