2, MEDINA CLOSE, CHEADLE HULME, CHEADLE, SK8 5SA - £268,000

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.

2 MEDINA CLOSE is a small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £346,856. It was last sold for £268,000 in July 2019, which was around 33% below the average July 2019 detached price in the Stockport local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

2 MEDINA CLOSE Sold Prices

Land registry data shows two sales for 2 MEDINA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. Both of the two 2 MEDINA 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
2019 12 JUL	£268,000	£401,108	33% below HPI
2001 6 JUL	£140,000	£155,818	10% below HPI

2 MEDINA CLOSE 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 two 2 MEDINA CLOSE sales from July 2001 and July 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 July 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 MEDINA CLOSE be worth now?

2 MEDINA CLOSE might now be worth an estimated £346,856.

This is based on house price inflation of 29.4%, between July 2019 and February 2025, for detached houses, in the Stockport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.4% inflationary increase is applied to the most recent sale price for 2 MEDINA CLOSE of £268,000 on 12th July 2019. For the value to have increased from £268,000 to £346,856 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 2 MEDINA CLOSE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The July 2019 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEDINA CLOSE has not materially changed since July 2019.

How Large is 2 MEDINA CLOSE?

2 MEDINA CLOSE is 87m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheadle, and where 2 MEDINA CLOSE lies on this distribution: 26% of detached houses houses are smaller than 2 MEDINA CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

2 MEDINA CLOSE: Plot and Title Map

2 MEDINA CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 2 MEDINA CLOSE, 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 MEDINA CLOSE). 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 MEDINA CLOSE?

2 MEDINA CLOSE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 2 on MEDINA CLOSE.