1A, MILL LANE, HAZEL GROVE, STOCKPORT, SK7 6DN - £190,000

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

1A MILL LANE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £190,000 in November 2016, which was around 44% below the average November 2016 detached price in the Stockport local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

1A MILL LANE Sold Prices

Land registry data shows four sales for 1A MILL LANE 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 1A MILL LANE 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
2016 25 NOV	£190,000	£341,660	44% below HPI
2014 15 MAY	£223,000	£287,046	22% below HPI
1999 23 JUL	£90,000	£116,310	23% below HPI
1997 14 OCT	£87,400	£103,378	15% below HPI

1A MILL LANE 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 1A MILL LANE sales between October 1997 and November 2016 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 May 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 1A MILL LANE?

1A MILL LANE is 72m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Hazel Grove, based on EPC data. The below chart shows the distribution of detached houses by size in Hazel Grove, and where 1A MILL LANE lies on this distribution: 5% of detached houses are smaller than 1A MILL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hazel Grove.

1A MILL LANE: Plot and Title Map

1A MILL LANE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 1A MILL 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 1A MILL 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.

Where is 1A MILL LANE?

1A MILL LANE is located in HAZEL GROVE, in the SK7 postcode district. The below map shows the position of No. 1A on MILL LANE.