2, CHERITON RISE, STOCKPORT, SK2 5XW - £270,000

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

2 CHERITON RISE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £270,000 in June 2019, which was around 30% below the average June 2019 detached price in the Stockport local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was C.

2 CHERITON RISE Sold Prices

Land registry data shows three sales for 2 CHERITON RISE since 1^st 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. All of the three 2 CHERITON RISE 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
2019 21 JUN	£270,000	£386,491	30% below HPI
2016 24 JUN	£220,000	£330,455	33% below HPI
2001 19 JAN	£95,000	£143,603	34% below HPI

2 CHERITON RISE 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 three 2 CHERITON RISE sales between January 2001 and June 2019 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 June 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CHERITON RISE?

2 CHERITON RISE is 75m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Stockport, based on EPC data. The below chart shows the distribution of detached houses by size in Stockport, and where 2 CHERITON RISE lies on this distribution: 11% of detached houses are smaller than 2 CHERITON RISE, and 89% of houses are larger. Note that EPC data is not available for all properties in Stockport.

2 CHERITON RISE: Plot and Title Map

2 CHERITON RISE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 CHERITON RISE, 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 2 CHERITON RISE). 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 2 CHERITON RISE?

2 CHERITON RISE is located in STOCKPORT, in the SK2 postcode district. The below map shows the position of No. 2 on CHERITON RISE.