8, PICKERING WAY, STAPELEY, NANTWICH, CW5 7RE - £173,000

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 PICKERING WAY is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £275,458. It was last sold for £173,000 in June 2015, which was around 29% above the average June 2015 terraced price in the Cheshire East local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

8 PICKERING WAY Sold Prices

Land registry data shows two sales for 8 PICKERING WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cheshire East local authority area for the corresponding sale date. Both of the two 8 PICKERING WAY 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
2015 1 JUN	£173,000	£134,241	29% above HPI
2002 19 JUL	£85,995	£68,273	26% above HPI

8 PICKERING 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 two 8 PICKERING WAY sales from July 2002 and June 2015 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 July 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 8 PICKERING WAY be worth now?

8 PICKERING WAY might now be worth an estimated £275,458.

This is based on house price inflation of 59.2%, between June 2015 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 59.2% inflationary increase is applied to the most recent sale price for 8 PICKERING WAY of £173,000 on 1st June 2015. For the value to have increased from £173,000 to £275,458 over the ten years to June 2025, the following assumptions must hold true:

• The value of 8 PICKERING WAY has moved in line with the HPI for terraced houses in the Cheshire East local authority area.
• The June 2015 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PICKERING WAY has not materially changed since June 2015.

How Large is 8 PICKERING WAY?

8 PICKERING WAY is 58m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of terraced houses houses in Nantwich, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nantwich, and where 8 PICKERING WAY lies on this distribution: 1% of terraced houses houses are smaller than 8 PICKERING WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Nantwich.

8 PICKERING WAY: Plot and Title Map

8 PICKERING WAY sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 8 PICKERING 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 PICKERING 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 PICKERING WAY?

8 PICKERING WAY is located in STAPELEY, in the CW5 postcode district. The below map shows the position of No. 8 on PICKERING WAY.