8, OBELISK WAY, CONGLETON, CW12 4FY - £108,500

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 OBELISK WAY is a very small terraced house of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £157,002. It was last sold for £108,500 in March 2019, which was around 29% below the average March 2019 terraced price in the Cheshire East local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

8 OBELISK WAY Sold Prices

Land registry data shows four sales for 8 OBELISK WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. The four 8 OBELISK WAY sales were a mix of below the average price, and roughly equal to 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 29 MAR	£108,500	£153,896	29% below HPI
2007 26 JUN	£95,200	£135,964	30% below HPI
2005 29 APR	£105,600	£111,865	6% below HPI
2000 25 FEB	£49,275	£49,226	Close to HPI

8 OBELISK WAY 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 four 8 OBELISK WAY sales between February 2000 and March 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 June 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 OBELISK WAY be worth now?

8 OBELISK WAY might now be worth an estimated £157,002.

This is based on house price inflation of 44.7%, between March 2019 and May 2026, 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 44.7% inflationary increase is applied to the most recent sale price for 8 OBELISK WAY of £108,500 on 29th March 2019. For the value to have increased from £108,500 to £157,002 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 OBELISK WAY has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The March 2019 sale price of £108,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OBELISK WAY has not materially changed since March 2019.

How Large is 8 OBELISK WAY?

8 OBELISK WAY is 55m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of terraced houses houses in Congleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Congleton, and where 8 OBELISK WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 OBELISK WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Congleton.

8 OBELISK WAY: Plot and Title Map

8 OBELISK WAY sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 8 OBELISK WAY, 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 OBELISK WAY). 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 OBELISK WAY?

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