5, SPRINGFIELD ROAD, MACCLESFIELD, SK11 8RE - £287,000

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.

5 SPRINGFIELD ROAD is a very small semi-detached house of 64m², built sometime between 1930 and 1949, which could now be worth an estimated £318,219. It was last sold for £287,000 in January 2023, which was around 10% above the average January 2023 semi-detached price in the Cheshire East local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

5 SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 5 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cheshire East local authority area for the corresponding sale date. Most of the four 5 SPRINGFIELD ROAD 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
2023 16 JAN	£287,000	£261,497	10% above HPI
2022 24 JAN	£260,000	£240,405	8% above HPI
2018 19 OCT	£199,950	£207,202	3% below HPI
2006 1 AUG	£170,000	£164,765	3% above HPI

5 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cheshire East local authority area over time, sourced from the HPI. The four 5 SPRINGFIELD ROAD sales between August 2006 and January 2023 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 2022 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 SPRINGFIELD ROAD be worth now?

5 SPRINGFIELD ROAD might now be worth an estimated £318,219.

This is based on house price inflation of 10.9%, between January 2023 and May 2026, for semi-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 10.9% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD ROAD of £287,000 on 16th January 2023. For the value to have increased from £287,000 to £318,219 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 SPRINGFIELD ROAD has moved in line with the HPI for semi-detached houses in the Cheshire East local authority area.
• The January 2023 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD ROAD has not materially changed since January 2023.

How Large is 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is 64m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of semi-detached houses houses in Macclesfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Macclesfield, and where 5 SPRINGFIELD ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 5 SPRINGFIELD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

5 SPRINGFIELD ROAD: Plot and Title Map

5 SPRINGFIELD ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 5 SPRINGFIELD ROAD, 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 5 SPRINGFIELD ROAD). 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 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 5 on SPRINGFIELD ROAD.