22, SOMERSET CLOSE, CONGLETON, CW12 1SG - £275,000

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.

22 SOMERSET CLOSE is a small detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £337,021. It was last sold for £275,000 in October 2021, which was around 31% below the average October 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

22 SOMERSET CLOSE Sold Prices

Land registry data shows three sales for 22 SOMERSET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 22 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
2021 11 OCT	£275,000	£400,968	31% below HPI
2014 19 DEC	£180,000	£307,999	42% below HPI
1996 22 AUG	£72,000	£98,535	27% below HPI

22 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 three 22 SOMERSET CLOSE sales between August 1996 and October 2021 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 December 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 22 SOMERSET CLOSE be worth now?

22 SOMERSET CLOSE might now be worth an estimated £337,021.

This is based on house price inflation of 22.6%, between October 2021 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 22.6% inflationary increase is applied to the most recent sale price for 22 SOMERSET CLOSE of £275,000 on 11th October 2021. For the value to have increased from £275,000 to £337,021 over the five years and five months to May 2026, the following assumptions must hold true:

• The value of 22 SOMERSET CLOSE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The October 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SOMERSET CLOSE has not materially changed since October 2021.

How Large is 22 SOMERSET CLOSE?

22 SOMERSET CLOSE is 97m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Congleton, based on EPC data. The below chart shows the distribution of detached houses by size in Congleton, and where 22 SOMERSET CLOSE lies on this distribution: 21% of detached houses are smaller than 22 SOMERSET CLOSE, and 78% of detached houses are larger. Note that EPC data is not available for all properties in Congleton.

Where is 22 SOMERSET CLOSE?

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