8, WITHYFOLD DRIVE, MACCLESFIELD, SK10 2BD - £230,000

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 WITHYFOLD DRIVE is a very small semi-detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £259,416. It was last sold for £230,000 in August 2022, which was around 11% below the average August 2022 semi-detached price in the Cheshire East local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

8 WITHYFOLD DRIVE Sold Prices

Land registry data shows two sales for 8 WITHYFOLD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two 8 WITHYFOLD DRIVE 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
2022 12 AUG	£230,000	£257,065	11% below HPI
2021 19 MAY	£161,000	£231,018	30% below HPI

8 WITHYFOLD 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 WITHYFOLD DRIVE sales from May 2021 and August 2022 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 May 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 WITHYFOLD DRIVE be worth now?

8 WITHYFOLD DRIVE might now be worth an estimated £259,416.

This is based on house price inflation of 12.8%, between August 2022 and May 2026, for semi-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 12.8% inflationary increase is applied to the most recent sale price for 8 WITHYFOLD DRIVE of £230,000 on 12th August 2022. For the value to have increased from £230,000 to £259,416 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 8 WITHYFOLD DRIVE has moved in line with the HPI for semi-detached houses in the Cheshire East local authority area.
• The August 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WITHYFOLD DRIVE has not materially changed since August 2022.

How Large is 8 WITHYFOLD DRIVE?

8 WITHYFOLD DRIVE is 66m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of semi-detached houses in Macclesfield, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Macclesfield, and where 8 WITHYFOLD DRIVE lies on this distribution: 11% of semi-detached houses are smaller than 8 WITHYFOLD DRIVE, and 87% of semi-detached houses are larger. Note that EPC data is not available for all properties in Macclesfield.

Where is 8 WITHYFOLD DRIVE?

8 WITHYFOLD DRIVE is located in MACCLESFIELD, in the SK10 postcode district.