8, FORGE BANK DRIVE, CONGLETON, CW12 4DQ - £519,950

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.

8 FORGE BANK DRIVE is a very large detached house of 210m², built in 2020, which could now be worth an estimated £705,850. It was last sold for £519,950 in June 2020, which was around 44% above the average June 2020 detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was B.

8 FORGE BANK DRIVE Sold Prices

Land registry data shows two sales for 8 FORGE BANK DRIVE 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 8 FORGE BANK DRIVE 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
2020 5 JUN	£519,950	£361,979	44% above HPI
2015 11 DEC	£2,050,000	£312,215	557% above HPI

8 FORGE BANK DRIVE 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 8 FORGE BANK DRIVE sales from December 2015 and June 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 December 2015 sale was for 557% above the HPI. So the extrapolation line tracks at 557% above the HPI over time, until the June 2020 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 8 FORGE BANK DRIVE be worth now?

8 FORGE BANK DRIVE might now be worth an estimated £705,850.

This is based on house price inflation of 35.8%, between June 2020 and May 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 35.8% inflationary increase is applied to the most recent sale price for 8 FORGE BANK DRIVE of £519,950 on 5th June 2020. For the value to have increased from £519,950 to £705,850 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 8 FORGE BANK DRIVE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The June 2020 sale price of £519,950 represented a fair market value for the property.
• The size, condition, and specification of 8 FORGE BANK DRIVE has not materially changed since June 2020.

How Large is 8 FORGE BANK DRIVE?

8 FORGE BANK DRIVE is 210m² according to the EPC inspection conducted in February 2020. This puts it in the largest 10% 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 8 FORGE BANK DRIVE lies on this distribution: 96% of detached houses houses are smaller than 8 FORGE BANK DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Congleton.

8 FORGE BANK DRIVE: Plot and Title Map

8 FORGE BANK DRIVE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 8 FORGE BANK DRIVE, 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 8 FORGE BANK DRIVE). 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 8 FORGE BANK DRIVE?

8 FORGE BANK DRIVE is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 8 on FORGE BANK DRIVE.