8, MONARCH CLOSE, CREWE, CW2 7UF - £123,000

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 MONARCH CLOSE is a very small extended terraced house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £177,045. It was last sold for £123,000 in August 2017, which was around 17% below the average August 2017 terraced price in the Cheshire East local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

8 MONARCH CLOSE Sold Prices

Land registry data shows seven sales for 8 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. Most of the seven 8 MONARCH 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
2017 2 AUG	£123,000	£148,496	17% below HPI
2014 22 OCT	£110,000	£137,448	20% below HPI
2007 15 MAY	£120,000	£134,723	11% below HPI
2006 24 MAR	£119,950	£118,493	1% above HPI
2001 29 JUN	£55,960	£55,069	2% above HPI
2001 30 MAR	£51,000	£53,428	5% below HPI
1999 28 MAY	£53,900	£46,893	15% above HPI

8 MONARCH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cheshire East local authority area over time, sourced from the HPI. The seven 8 MONARCH CLOSE sales between May 1999 and August 2017 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 MONARCH CLOSE be worth now?

8 MONARCH CLOSE might now be worth an estimated £177,045.

This is based on house price inflation of 43.9%, between August 2017 and June 2025, for terraced 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 43.9% inflationary increase is applied to the most recent sale price for 8 MONARCH CLOSE of £123,000 on 2nd August 2017. For the value to have increased from £123,000 to £177,045 over the eight years and two months to June 2025, the following assumptions must hold true:

• The value of 8 MONARCH CLOSE has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The August 2017 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MONARCH CLOSE has not materially changed since August 2017.

How Large is 8 MONARCH CLOSE?

8 MONARCH CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of terraced houses houses in Crewe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crewe, and where 8 MONARCH CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 8 MONARCH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Crewe.

8 MONARCH CLOSE: Plot and Title Map

8 MONARCH CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 8 MONARCH 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 8 MONARCH 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 8 MONARCH CLOSE?

8 MONARCH CLOSE is located in CREWE, in the CW2 postcode district. The below map shows the position of No. 8 on MONARCH CLOSE.