48, NICHOLSON AVENUE, MACCLESFIELD, SK10 2BZ - £350,000

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.

48 NICHOLSON AVENUE is a midsized extended detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £379,690. It was last sold for £350,000 in April 2024, which was around 21% below the average April 2024 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

48 NICHOLSON AVENUE Sold Prices

Land registry data shows three sales for 48 NICHOLSON AVENUE 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 48 NICHOLSON AVENUE 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
2024 19 APR	£350,000	£443,653	21% below HPI
2012 18 JAN	£131,000	£270,970	52% below HPI
2003 4 APR	£94,000	£199,792	53% below HPI

48 NICHOLSON AVENUE 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 48 NICHOLSON AVENUE sales between April 2003 and April 2024 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 January 2012 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 48 NICHOLSON AVENUE be worth now?

48 NICHOLSON AVENUE might now be worth an estimated £379,690.

This is based on house price inflation of 8.5%, between April 2024 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 8.5% inflationary increase is applied to the most recent sale price for 48 NICHOLSON AVENUE of £350,000 on 19th April 2024. For the value to have increased from £350,000 to £379,690 over the two years to April 2026, the following assumptions must hold true:

• The value of 48 NICHOLSON AVENUE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The April 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 48 NICHOLSON AVENUE has not materially changed since April 2024.

How Large is 48 NICHOLSON AVENUE?

48 NICHOLSON AVENUE is 125m², which includes four extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses houses in Macclesfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Macclesfield, and where 48 NICHOLSON AVENUE lies on this distribution: 56% of detached houses houses are smaller than 48 NICHOLSON AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

48 NICHOLSON AVENUE: Plot and Title Map

48 NICHOLSON AVENUE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 48 NICHOLSON AVENUE, 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 48 NICHOLSON AVENUE). 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 48 NICHOLSON AVENUE?

48 NICHOLSON AVENUE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 48 on NICHOLSON AVENUE.