2, RIDGE ROAD, MARPLE, STOCKPORT, SK6 7HN - £427,500

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 RIDGE ROAD is a small extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £427,500 in June 2021, which was around 1% below the average June 2021 detached price in the Stockport local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

2 RIDGE ROAD Sold Prices

Land registry data shows two sales for 2 RIDGE ROAD 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. One of the two 2 RIDGE ROAD sales was for below the average price, whilst the other 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
2021 15 JUN	£427,500	£431,989	1% below HPI
1997 29 AUG	£127,000	£103,982	22% above HPI

2 RIDGE ROAD 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 RIDGE ROAD sales from August 1997 and June 2021 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 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 RIDGE ROAD?

2 RIDGE ROAD is 106m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Marple, based on EPC data. The below chart shows the distribution of detached houses by size in Marple, and where 2 RIDGE ROAD lies on this distribution: 28% of detached houses are smaller than 2 RIDGE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Marple.

2 RIDGE ROAD: Plot and Title Map

2 RIDGE ROAD sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2 RIDGE ROAD, 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 RIDGE ROAD). 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 RIDGE ROAD?

2 RIDGE ROAD is located in MARPLE, in the SK6 postcode district. The below map shows the position of No. 2 on RIDGE ROAD.