78, THAMES CLOSE, CONGLETON, CW12 3RL - £192,000

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.

78 THAMES CLOSE is a very small semi-detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £223,508. It was last sold for £192,000 in April 2022, which was around 21% below the average April 2022 semi-detached price in the Cheshire East local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

78 THAMES CLOSE Sold Prices

Land registry data shows seven sales for 78 THAMES CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Cheshire East local authority area for the corresponding sale date. All of the seven 78 THAMES 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
2022 14 APR	£192,000	£243,695	21% below HPI
2017 24 MAR	£150,000	£186,912	20% below HPI
2015 15 APR	£137,000	£173,960	21% below HPI
2008 9 DEC	£135,750	£152,265	11% below HPI
2006 20 DEC	£134,500	£163,169	18% below HPI
2004 16 JUL	£120,000	£141,484	15% below HPI
1995 11 AUG	£44,000	£52,621	16% below HPI

78 THAMES 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 seven 78 THAMES CLOSE sales between August 1995 and April 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 March 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 78 THAMES CLOSE be worth now?

78 THAMES CLOSE might now be worth an estimated £223,508.

This is based on house price inflation of 16.4%, between April 2022 and April 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 16.4% inflationary increase is applied to the most recent sale price for 78 THAMES CLOSE of £192,000 on 14th April 2022. For the value to have increased from £192,000 to £223,508 over the four years to April 2026, the following assumptions must hold true:

• The value of 78 THAMES CLOSE has moved in line with the HPI for semi-detached houses in the Cheshire East local authority area.
• The April 2022 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 78 THAMES CLOSE has not materially changed since April 2022.

How Large is 78 THAMES CLOSE?

78 THAMES CLOSE is 53m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of semi-detached houses in Congleton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Congleton, and where 78 THAMES CLOSE lies on this distribution: 2% of semi-detached houses are smaller than 78 THAMES CLOSE, and 97% of semi-detached houses are larger. Note that EPC data is not available for all properties in Congleton.

Where is 78 THAMES CLOSE?

78 THAMES CLOSE is located in CONGLETON, in the CW12 postcode district.