8, LAKE VIEW, CONGLETON, CW12 4FP - £445,000

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.

8 LAKE VIEW is a very large detached house of 159m², built sometime between 1983 and 1990, which could now be worth an estimated £589,423. It was last sold for £445,000 in December 2019, which was around 22% above the average December 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

8 LAKE VIEW Sold Prices

Land registry data shows two sales for 8 LAKE 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 8 LAKE 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
2019 20 DEC	£445,000	£363,361	22% above HPI
2017 24 OCT	£430,000	£347,168	24% above HPI

8 LAKE 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 8 LAKE VIEW sales from October 2017 and December 2019 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 October 2017 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 8 LAKE VIEW be worth now?

8 LAKE VIEW might now be worth an estimated £589,423.

This is based on house price inflation of 32.5%, between December 2019 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 32.5% inflationary increase is applied to the most recent sale price for 8 LAKE VIEW of £445,000 on 20th December 2019. For the value to have increased from £445,000 to £589,423 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 LAKE VIEW has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The December 2019 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAKE VIEW has not materially changed since December 2019.

How Large is 8 LAKE VIEW?

8 LAKE VIEW is 159m² according to the EPC inspection conducted in June 2017. This puts it in the largest 20% 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 LAKE VIEW lies on this distribution: 83% of detached houses houses are smaller than 8 LAKE VIEW, and 17% of houses are larger. Note that EPC data is not available for all properties in Congleton.

8 LAKE VIEW: Plot and Title Map

8 LAKE VIEW sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 8 LAKE 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 8 LAKE 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 8 LAKE VIEW?

8 LAKE VIEW is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 8 on LAKE VIEW.