2, RODMILL DRIVE, GATLEY, CHEADLE, SK8 4JX - £440,000

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 RODMILL DRIVE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £440,000 in December 2022, which was around 12% below the average December 2022 detached price in the Stockport local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

2 RODMILL DRIVE Sold Prices

Land registry data shows two sales for 2 RODMILL DRIVE 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 RODMILL DRIVE 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
2022 15 DEC	£440,000	£502,699	12% below HPI
2021 12 MAR	£300,000	£423,397	29% below HPI

2 RODMILL DRIVE 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 RODMILL DRIVE sales from March 2021 and December 2022 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 March 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 RODMILL DRIVE?

2 RODMILL DRIVE is 71m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses in Gatley, based on EPC data. The below chart shows the distribution of detached houses by size in Gatley, and where 2 RODMILL DRIVE lies on this distribution: 2% of detached houses are smaller than 2 RODMILL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Gatley.

2 RODMILL DRIVE: Plot and Title Map

2 RODMILL DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2 RODMILL DRIVE, 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 RODMILL DRIVE). 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 RODMILL DRIVE?

2 RODMILL DRIVE is located in GATLEY, in the SK8 postcode district. The below map shows the position of No. 2 on RODMILL DRIVE.