11, SOMERSET CLOSE, CONGLETON, CW12 1SG - £259,950

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.

11 SOMERSET CLOSE is a midsized extended detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £353,759. It was last sold for £259,950 in December 2018, which was around 28% below the average December 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

11 SOMERSET CLOSE Sold Prices

Land registry data shows two sales for 11 SOMERSET CLOSE 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 11 SOMERSET 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
2018 13 DEC	£259,950	£361,091	28% below HPI
2013 9 AUG	£192,500	£285,205	33% below HPI

11 SOMERSET CLOSE 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 11 SOMERSET CLOSE sales from August 2013 and December 2018 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 August 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 SOMERSET CLOSE be worth now?

11 SOMERSET CLOSE might now be worth an estimated £353,759.

This is based on house price inflation of 36.1%, between December 2018 and May 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 36.1% inflationary increase is applied to the most recent sale price for 11 SOMERSET CLOSE of £259,950 on 13th December 2018. For the value to have increased from £259,950 to £353,759 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 11 SOMERSET CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The December 2018 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of 11 SOMERSET CLOSE has not materially changed since December 2018.

How Large is 11 SOMERSET CLOSE?

11 SOMERSET CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Congleton, based on EPC data. The below chart shows the distribution of detached houses by size in Congleton, and where 11 SOMERSET CLOSE lies on this distribution: 52% of detached houses are smaller than 11 SOMERSET CLOSE, and 46% of detached houses are larger. Note that EPC data is not available for all properties in Congleton.

Where is 11 SOMERSET CLOSE?

11 SOMERSET CLOSE is located in CONGLETON, in the CW12 postcode district.