7, BINYON WAY, CREWE, CW1 5HY - £220,000

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.

7 BINYON WAY is a midsized detached house of 99m², which could now be worth an estimated £295,419. It was last sold for £220,000 in February 2020, which was around 39% below the average February 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

7 BINYON WAY Sold Prices

Land registry data shows four sales for 7 BINYON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 7 BINYON WAY 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
2020 28 FEB	£220,000	£358,417	39% below HPI
2019 30 APR	£184,000	£355,733	48% below HPI
2015 24 JUL	£145,000	£302,593	52% below HPI
2008 20 OCT	£159,000	£281,552	44% below HPI

7 BINYON WAY 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 four 7 BINYON WAY sales between October 2008 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 April 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 7 BINYON WAY be worth now?

7 BINYON WAY might now be worth an estimated £295,419.

This is based on house price inflation of 34.3%, between February 2020 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 34.3% inflationary increase is applied to the most recent sale price for 7 BINYON WAY of £220,000 on 28th February 2020. For the value to have increased from £220,000 to £295,419 over the five years and ten months to April 2026, the following assumptions must hold true:

• The value of 7 BINYON WAY has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The February 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BINYON WAY has not materially changed since February 2020.

How Large is 7 BINYON WAY?

7 BINYON WAY is 99m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crewe, and where 7 BINYON WAY lies on this distribution: 41% of detached houses houses are smaller than 7 BINYON WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Crewe.

7 BINYON WAY: Plot and Title Map

7 BINYON WAY sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 7 BINYON WAY, 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 7 BINYON WAY). 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 7 BINYON WAY?

7 BINYON WAY is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 7 on BINYON WAY.