2, SPRINGHILL, MACCLESFIELD, SK10 2PH - £337,500

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 SPRINGHILL is a midsized detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £490,516. It was last sold for £337,500 in July 2017, which was around 2% above the average July 2017 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGHILL Sold Prices

Land registry data shows two sales for 2 SPRINGHILL 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 SPRINGHILL 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
2017 28 JUL	£337,500	£331,151	2% above HPI
1998 13 NOV	£135,000	£114,405	18% above HPI

2 SPRINGHILL 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 SPRINGHILL sales from November 1998 and July 2017 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 November 1998 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 SPRINGHILL be worth now?

2 SPRINGHILL might now be worth an estimated £490,516.

This is based on house price inflation of 45.3%, between July 2017 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 45.3% inflationary increase is applied to the most recent sale price for 2 SPRINGHILL of £337,500 on 28th July 2017. For the value to have increased from £337,500 to £490,516 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 2 SPRINGHILL has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The July 2017 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGHILL has not materially changed since July 2017.

How Large is 2 SPRINGHILL?

2 SPRINGHILL is 121m² according to the EPC inspection conducted in April 2017. This puts it in the largest 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 SPRINGHILL lies on this distribution: 52% of detached houses houses are smaller than 2 SPRINGHILL, and 46% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

2 SPRINGHILL: Plot and Title Map

2 SPRINGHILL sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 2 SPRINGHILL, 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 SPRINGHILL). 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 SPRINGHILL?

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