1, FARN AVENUE, REDDISH, STOCKPORT, SK5 6NQ - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FARN AVENUE is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £250,000 in November 2021, which was around 45% below the average November 2021 detached price in the Stockport local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

1 FARN AVENUE Sold Prices

Land registry data shows four sales for 1 FARN AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. All of the four 1 FARN AVENUE 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 24 NOV	£250,000	£453,594	45% below HPI
2014 4 APR	£150,000	£283,859	47% below HPI
2004 9 AUG	£143,500	£249,765	43% below HPI
1998 23 NOV	£57,000	£111,691	49% below HPI

1 FARN AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The four 1 FARN AVENUE sales between November 1998 and November 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 April 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2021 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 1 FARN AVENUE?

1 FARN AVENUE is 66m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Reddish, based on EPC data. The below chart shows the distribution of detached houses by size in Reddish, and where 1 FARN AVENUE lies on this distribution: 8% of detached houses are smaller than 1 FARN AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Reddish.

1 FARN AVENUE: Plot and Title Map

1 FARN AVENUE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 FARN AVENUE, 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 1 FARN AVENUE). 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 1 FARN AVENUE?

1 FARN AVENUE is located in REDDISH, in the SK5 postcode district. The below map shows the position of No. 1 on FARN AVENUE.