32, NEEDHAM DRIVE, CRANAGE, CREWE, CW4 8FB - £400,000

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.

32 NEEDHAM DRIVE is a very small extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £538,246. It was last sold for £400,000 in February 2020, which was around 12% above the average February 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

32 NEEDHAM DRIVE Sold Prices

Land registry data shows two sales for 32 NEEDHAM DRIVE 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 32 NEEDHAM DRIVE 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 12 FEB	£400,000	£358,417	12% above HPI
1998 29 MAY	£152,950	£109,842	39% above HPI

32 NEEDHAM DRIVE 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 32 NEEDHAM DRIVE sales from May 1998 and February 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 May 1998 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 32 NEEDHAM DRIVE be worth now?

32 NEEDHAM DRIVE might now be worth an estimated £538,246.

This is based on house price inflation of 34.6%, between February 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 34.6% inflationary increase is applied to the most recent sale price for 32 NEEDHAM DRIVE of £400,000 on 12th February 2020. For the value to have increased from £400,000 to £538,246 over the five years to February 2025, the following assumptions must hold true:

• The value of 32 NEEDHAM DRIVE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The February 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 32 NEEDHAM DRIVE has not materially changed since February 2020.

How Large is 32 NEEDHAM DRIVE?

32 NEEDHAM DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses houses in Cranage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranage, and where 32 NEEDHAM DRIVE lies on this distribution: 11% of detached houses houses are smaller than 32 NEEDHAM DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cranage.

32 NEEDHAM DRIVE: Plot and Title Map

32 NEEDHAM DRIVE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 32 NEEDHAM DRIVE, 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 32 NEEDHAM DRIVE). 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 32 NEEDHAM DRIVE?

32 NEEDHAM DRIVE is located in CRANAGE, in the CW4 postcode district. The below map shows the position of No. 32 on NEEDHAM DRIVE.