7, RIDGE VIEW, MACCLESFIELD, SK11 8DB - £399,950

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 RIDGE VIEW is a very small extended detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £557,674. It was last sold for £399,950 in February 2018, which was around 16% above the average February 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

7 RIDGE VIEW Sold Prices

Land registry data shows two sales for 7 RIDGE VIEW 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 RIDGE VIEW 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
2018 2 FEB	£399,950	£345,887	16% above HPI
1995 5 MAY	£128,000	£92,655	38% above HPI

7 RIDGE VIEW 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 RIDGE VIEW sales from May 1995 and February 2018 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 May 1995 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 7 RIDGE VIEW be worth now?

7 RIDGE VIEW might now be worth an estimated £557,674.

This is based on house price inflation of 39.4%, between February 2018 and February 2025, 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 39.4% inflationary increase is applied to the most recent sale price for 7 RIDGE VIEW of £399,950 on 2nd February 2018. For the value to have increased from £399,950 to £557,674 over the seven years to February 2025, the following assumptions must hold true:

• The value of 7 RIDGE VIEW has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The February 2018 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 7 RIDGE VIEW has not materially changed since February 2018.

How Large is 7 RIDGE VIEW?

7 RIDGE VIEW is 88m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% 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 7 RIDGE VIEW lies on this distribution: 18% of detached houses houses are smaller than 7 RIDGE VIEW, and 82% of houses are larger. Note that EPC data is not available for all properties in Macclesfield.

7 RIDGE VIEW: Plot and Title Map

7 RIDGE VIEW sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 7 RIDGE VIEW, 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 RIDGE VIEW). 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 RIDGE VIEW?

7 RIDGE VIEW is located in MACCLESFIELD, in the SK11 postcode district. The below map shows the position of No. 7 on RIDGE VIEW.