6, HEDINGHAM CLOSE, MACCLESFIELD, SK10 3LZ - £250,000

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.

6 HEDINGHAM CLOSE is a large terraced house of 148m², built sometime between 1996 and 2002, which could now be worth an estimated £399,354. It was last sold for £250,000 in February 2016, which was around 79% above the average February 2016 terraced price in the Cheshire East local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

6 HEDINGHAM CLOSE Sold Prices

Land registry data shows four sales for 6 HEDINGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. All of the four 6 HEDINGHAM CLOSE 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
2016 19 FEB	£250,000	£139,407	79% above HPI
2008 29 FEB	£247,500	£136,442	81% above HPI
2004 1 DEC	£238,000	£110,867	115% above HPI
2000 26 APR	£139,200	£50,572	175% above HPI

6 HEDINGHAM CLOSE 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 four 6 HEDINGHAM CLOSE sales between April 2000 and February 2016 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 2008 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the February 2016 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 6 HEDINGHAM CLOSE be worth now?

6 HEDINGHAM CLOSE might now be worth an estimated £399,354.

This is based on house price inflation of 59.7%, between February 2016 and May 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 59.7% inflationary increase is applied to the most recent sale price for 6 HEDINGHAM CLOSE of £250,000 on 19th February 2016. For the value to have increased from £250,000 to £399,354 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 6 HEDINGHAM CLOSE has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The February 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HEDINGHAM CLOSE has not materially changed since February 2016.

How Large is 6 HEDINGHAM CLOSE?

6 HEDINGHAM CLOSE is 148m² according to the EPC inspection conducted in October 2015. This puts it in the largest 30% 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 6 HEDINGHAM CLOSE lies on this distribution: 75% of terraced houses houses are smaller than 6 HEDINGHAM CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

6 HEDINGHAM CLOSE: Plot and Title Map

6 HEDINGHAM CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 6 HEDINGHAM 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 6 HEDINGHAM 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 6 HEDINGHAM CLOSE?

6 HEDINGHAM CLOSE is located in MACCLESFIELD, in the SK10 postcode district. The below map shows the position of No. 6 on HEDINGHAM CLOSE.