3, SPRING GARDENS, MACCLESFIELD, SK10 2AP - £120,000

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.

3 SPRING GARDENS is a very small terraced house of 47m², built sometime between 1900 and 1929, which could now be worth an estimated £193,670. It was last sold for £120,000 in July 2015, which was around 11% below the average July 2015 terraced price in the Cheshire East local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

3 SPRING GARDENS Sold Prices

Land registry data shows three sales for 3 SPRING GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. Two of the three 3 SPRING GARDENS sales were for below the average price, whilst one was 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
2015 23 JUL	£120,000	£135,299	11% below HPI
2009 23 OCT	£124,000	£123,198	1% above HPI
2006 25 AUG	£80,000	£129,516	38% below HPI

3 SPRING GARDENS 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 three 3 SPRING GARDENS sales between August 2006 and July 2015 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 October 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 SPRING GARDENS be worth now?

3 SPRING GARDENS might now be worth an estimated £193,670.

This is based on house price inflation of 61.4%, between July 2015 and April 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 61.4% inflationary increase is applied to the most recent sale price for 3 SPRING GARDENS of £120,000 on 23rd July 2015. For the value to have increased from £120,000 to £193,670 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 3 SPRING GARDENS has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The July 2015 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRING GARDENS has not materially changed since July 2015.

How Large is 3 SPRING GARDENS?

3 SPRING GARDENS is 47m² according to the EPC inspection conducted in February 2021. 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 SPRING GARDENS lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 SPRING GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

3 SPRING GARDENS: Plot and Title Map

3 SPRING GARDENS sits on a plot of roughly 0.009 of an acre, or 38m². The below map shows the location of 3 SPRING GARDENS, 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 SPRING GARDENS). 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 SPRING GARDENS?

3 SPRING GARDENS is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 3 on SPRING GARDENS.