7, FORGE WOOD CLOSE, CONGLETON, CW12 4DR - £395,000

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 FORGE WOOD CLOSE is a midsized detached house of 117m², built in 2018, which could now be worth an estimated £431,497. It was last sold for £395,000 in June 2023, which was around 10% below the average June 2023 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

7 FORGE WOOD CLOSE Sold Prices

Land registry data shows two sales for 7 FORGE WOOD 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 7 FORGE WOOD 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
2023 21 JUN	£395,000	£440,580	10% below HPI
2019 27 JUN	£319,950	£358,451	11% below HPI

7 FORGE WOOD 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 7 FORGE WOOD CLOSE sales from June 2019 and June 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 June 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 FORGE WOOD CLOSE be worth now?

7 FORGE WOOD CLOSE might now be worth an estimated £431,497.

This is based on house price inflation of 9.2%, between June 2023 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 9.2% inflationary increase is applied to the most recent sale price for 7 FORGE WOOD CLOSE of £395,000 on 21st June 2023. For the value to have increased from £395,000 to £431,497 over the three years and two months to April 2026, the following assumptions must hold true:

• The value of 7 FORGE WOOD CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The June 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FORGE WOOD CLOSE has not materially changed since June 2023.

How Large is 7 FORGE WOOD CLOSE?

7 FORGE WOOD CLOSE is 117m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% 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 7 FORGE WOOD CLOSE lies on this distribution: 42% of detached houses houses are smaller than 7 FORGE WOOD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Congleton.

7 FORGE WOOD CLOSE: Plot and Title Map

7 FORGE WOOD CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 7 FORGE WOOD 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 7 FORGE WOOD 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 7 FORGE WOOD CLOSE?

7 FORGE WOOD CLOSE is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 7 on FORGE WOOD CLOSE.