3, RUDYARD CLOSE, MACCLESFIELD, SK11 7UD - £166,500

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.

3 RUDYARD CLOSE is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £244,068. It was last sold for £166,500 in September 2017, which was around 10% above the average September 2017 terraced price in the Cheshire East local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 RUDYARD CLOSE Sold Prices

Land registry data shows six sales for 3 RUDYARD CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. The six 3 RUDYARD CLOSE sales were a mix of above the average price, and roughly equal to 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 19 SEP	£166,500	£151,917	10% above HPI
2016 31 MAY	£146,500	£145,324	1% above HPI
2015 6 MAR	£134,950	£134,965	Close to HPI
2007 26 JAN	£140,000	£129,050	8% above HPI
1999 12 NOV	£67,950	£48,834	39% above HPI
1995 31 MAR	£58,500	£39,616	48% above HPI

3 RUDYARD 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 six 3 RUDYARD CLOSE sales between March 1995 and September 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 May 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 RUDYARD CLOSE be worth now?

3 RUDYARD CLOSE might now be worth an estimated £244,068.

This is based on house price inflation of 46.6%, between September 2017 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 46.6% inflationary increase is applied to the most recent sale price for 3 RUDYARD CLOSE of £166,500 on 19th September 2017. For the value to have increased from £166,500 to £244,068 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 3 RUDYARD CLOSE has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The September 2017 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 3 RUDYARD CLOSE has not materially changed since September 2017.

How Large is 3 RUDYARD CLOSE?

3 RUDYARD CLOSE is 54m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% 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 3 RUDYARD CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 RUDYARD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

3 RUDYARD CLOSE: Plot and Title Map

3 RUDYARD CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 3 RUDYARD 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 3 RUDYARD 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 3 RUDYARD CLOSE?

3 RUDYARD CLOSE is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 3 on RUDYARD CLOSE.