4, MELTON CLOSE, CONGLETON, CW12 4YH - £152,000

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.

4 MELTON CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £236,429. It was last sold for £152,000 in August 2015, which was around 51% below the average August 2015 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

4 MELTON CLOSE Sold Prices

Land registry data shows two sales for 4 MELTON CLOSE 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 4 MELTON CLOSE 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
2015 3 AUG	£152,000	£309,420	51% below HPI
2000 11 FEB	£87,950	£123,701	29% below HPI

4 MELTON CLOSE 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 4 MELTON CLOSE sales from February 2000 and August 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 February 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2015 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 4 MELTON CLOSE be worth now?

4 MELTON CLOSE might now be worth an estimated £236,429.

This is based on house price inflation of 55.5%, between August 2015 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 55.5% inflationary increase is applied to the most recent sale price for 4 MELTON CLOSE of £152,000 on 3rd August 2015. For the value to have increased from £152,000 to £236,429 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 4 MELTON CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The August 2015 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MELTON CLOSE has not materially changed since August 2015.

How Large is 4 MELTON CLOSE?

4 MELTON CLOSE is 55m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses houses in Congleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Congleton, and where 4 MELTON CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 4 MELTON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Congleton.

4 MELTON CLOSE: Plot and Title Map

4 MELTON CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 4 MELTON 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 4 MELTON 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 4 MELTON CLOSE?

4 MELTON CLOSE is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 4 on MELTON CLOSE.