Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 ORIEL CLOSE is a midsized detached house of 103m², built sometime between 1983 and 1990. It was last sold for £293,000 in February 2020, which was around 26% below the average February 2020 detached price in the Stockport local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 ORIEL CLOSE 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. All of the three 2 ORIEL 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 |
---|---|---|---|
2020 14 FEB | £293,000 | £397,590 | 26% below HPI |
2007 10 AUG | £221,000 | £294,602 | 25% below HPI |
1997 5 DEC | £92,000 | £104,364 | 12% 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 2 ORIEL CLOSE sales between December 1997 and February 2020 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 August 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
2 ORIEL CLOSE is 103m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% 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 ORIEL CLOSE lies on this distribution: 42% of detached houses are smaller than 2 ORIEL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Stockport.
2 ORIEL CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 ORIEL 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 ORIEL 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.
2 ORIEL CLOSE is located in STOCKPORT, in the SK2 postcode district. The below map shows the position of No. 2 on ORIEL CLOSE.