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
139 GROVE LANE is a very small extended detached house of 75m², built sometime between 1900 and 1929. It was last sold for £155,000 in January 2005, which was around 40% below the average January 2005 detached price in the Stockport local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 139 GROVE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. Two of the three 139 GROVE LANE sales were for below the average price, whilst one was for above 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 |
---|---|---|---|
2005 11 JAN | £155,000 | £257,462 | 40% below HPI |
2001 24 JUL | £155,000 | £150,563 | 3% above HPI |
1996 15 NOV | £81,000 | £98,166 | 17% below HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The three 139 GROVE LANE sales between November 1996 and January 2005 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 July 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2005 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
139 GROVE LANE is 75m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses in Cheadle Hulme, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle Hulme, and where 139 GROVE LANE lies on this distribution: 5% of detached houses are smaller than 139 GROVE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.
139 GROVE LANE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 139 GROVE LANE, 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 139 GROVE LANE). 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.
139 GROVE LANE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 139 on GROVE LANE.