2, WATERMEAD CLOSE, STOCKPORT, SK3 8UX - £170,000

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 WATERMEAD CLOSE is a very small semi-detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £200,932. It was last sold for £170,000 in April 2021, which was around 37% below the average April 2021 semi-detached price in the Stockport local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

2 WATERMEAD CLOSE Sold Prices

Land registry data shows three sales for 2 WATERMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stockport local authority area for the corresponding sale date. All of the three 2 WATERMEAD 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
2021 30 APR	£170,000	£271,589	37% below HPI
2012 15 JUN	£107,500	£167,025	36% below HPI
1997 29 AUG	£44,500	£61,725	28% below HPI

2 WATERMEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stockport local authority area over time, sourced from the HPI. The three 2 WATERMEAD CLOSE sales between August 1997 and April 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 June 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 WATERMEAD CLOSE be worth now?

2 WATERMEAD CLOSE might now be worth an estimated £200,932.

This is based on house price inflation of 18.2%, between April 2021 and March 2025, for semi-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 18.2% inflationary increase is applied to the most recent sale price for 2 WATERMEAD CLOSE of £170,000 on 30th April 2021. For the value to have increased from £170,000 to £200,932 over the four years and one month to March 2025, the following assumptions must hold true:

• The value of 2 WATERMEAD CLOSE has moved in line with the HPI for semi-detached houses in the Stockport local authority area.
• The April 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WATERMEAD CLOSE has not materially changed since April 2021.

How Large is 2 WATERMEAD CLOSE?

2 WATERMEAD CLOSE is 57m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of semi-detached houses houses in Stockport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stockport, and where 2 WATERMEAD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 2 WATERMEAD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stockport.

2 WATERMEAD CLOSE: Plot and Title Map

2 WATERMEAD CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 WATERMEAD 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 WATERMEAD 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 WATERMEAD CLOSE?

2 WATERMEAD CLOSE is located in STOCKPORT, in the SK3 postcode district. The below map shows the position of No. 2 on WATERMEAD CLOSE.