21A, GRASMERE ROAD, GATLEY, CHEADLE, SK8 4RG - £245,000

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.

21A GRASMERE ROAD is a very small detached house of 63m², built sometime between 2003 and 2006, which could now be worth an estimated £345,505. It was last sold for £245,000 in August 2017, which was around 33% below the average August 2017 detached price in the Stockport local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

21A GRASMERE ROAD Sold Prices

Land registry data shows three sales for 21A GRASMERE ROAD since 1^st 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 21A GRASMERE ROAD 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
2017 25 AUG	£245,000	£368,118	33% below HPI
2006 20 JUL	£207,000	£279,302	26% below HPI
2005 29 APR	£65,000	£263,445	75% below HPI

21A GRASMERE 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 three 21A GRASMERE ROAD sales between April 2005 and August 2017 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 21A GRASMERE ROAD be worth now?

21A GRASMERE ROAD might now be worth an estimated £345,505.

This is based on house price inflation of 41%, between August 2017 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 41% inflationary increase is applied to the most recent sale price for 21A GRASMERE ROAD of £245,000 on 25th August 2017. For the value to have increased from £245,000 to £345,505 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 21A GRASMERE ROAD has moved in line with the HPI for detached houses in the Stockport local authority area.
• The August 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 21A GRASMERE ROAD has not materially changed since August 2017.

How Large is 21A GRASMERE ROAD?

21A GRASMERE ROAD is 63m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses houses in Gatley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gatley, and where 21A GRASMERE ROAD lies on this distribution: 1% of detached houses houses are smaller than 21A GRASMERE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Gatley.

21A GRASMERE ROAD: Plot and Title Map

21A GRASMERE ROAD sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 21A GRASMERE 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 21A GRASMERE 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 21A GRASMERE ROAD?

21A GRASMERE ROAD is located in GATLEY, in the SK8 postcode district. The below map shows the position of No. 21A on GRASMERE ROAD.