2, VENABLES WAY, MIDDLEWICH, CW10 0RR - £195,000

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 VENABLES WAY is a small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £251,989. It was last sold for £195,000 in August 2020, which was around 48% below the average August 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

2 VENABLES WAY Sold Prices

Land registry data shows three sales for 2 VENABLES WAY 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 VENABLES WAY 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
2020 19 AUG	£195,000	£373,217	48% below HPI
2008 1 FEB	£177,000	£298,874	41% below HPI
2002 28 MAR	£103,500	£153,184	32% below HPI

2 VENABLES WAY 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 VENABLES WAY sales between March 2002 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 February 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 2 VENABLES WAY be worth now?

2 VENABLES WAY might now be worth an estimated £251,989.

This is based on house price inflation of 29.2%, between August 2020 and February 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 29.2% inflationary increase is applied to the most recent sale price for 2 VENABLES WAY of £195,000 on 19th August 2020. For the value to have increased from £195,000 to £251,989 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 2 VENABLES WAY has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The August 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VENABLES WAY has not materially changed since August 2020.

How Large is 2 VENABLES WAY?

2 VENABLES WAY is 91m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses houses in Middlewich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlewich, and where 2 VENABLES WAY lies on this distribution: 26% of detached houses houses are smaller than 2 VENABLES WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Middlewich.

2 VENABLES WAY: Plot and Title Map

2 VENABLES WAY sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 2 VENABLES WAY, 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 VENABLES WAY). 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 VENABLES WAY?

2 VENABLES WAY is located in MIDDLEWICH, in the CW10 postcode district. The below map shows the position of No. 2 on VENABLES WAY.