23, HILL RISE, ROMILEY, STOCKPORT, SK6 3AP - £320,000

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.

23 HILL RISE is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £374,086. It was last sold for £320,000 in December 2020, which was around 28% below the average December 2020 detached price in the Stockport local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

23 HILL RISE Sold Prices

Land registry data shows four sales for 23 HILL RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. All of the four 23 HILL RISE 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 4 DEC	£320,000	£444,073	28% below HPI
2013 3 MAY	£197,500	£278,101	29% below HPI
2009 9 OCT	£175,000	£271,268	35% below HPI
1999 10 MAY	£88,000	£117,377	25% below HPI

23 HILL RISE 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 four 23 HILL RISE sales between May 1999 and December 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 May 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 23 HILL RISE be worth now?

23 HILL RISE might now be worth an estimated £374,086.

This is based on house price inflation of 16.9%, between December 2020 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 16.9% inflationary increase is applied to the most recent sale price for 23 HILL RISE of £320,000 on 4th December 2020. For the value to have increased from £320,000 to £374,086 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 HILL RISE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The December 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HILL RISE has not materially changed since December 2020.

How Large is 23 HILL RISE?

23 HILL RISE is 68m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Romiley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romiley, and where 23 HILL RISE lies on this distribution: 9% of detached houses houses are smaller than 23 HILL RISE, and 90% of houses are larger. Note that EPC data is not available for all properties in Romiley.

23 HILL RISE: Plot and Title Map

23 HILL RISE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 23 HILL RISE, 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 23 HILL RISE). 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 23 HILL RISE?

23 HILL RISE is located in ROMILEY, in the SK6 postcode district. The below map shows the position of No. 23 on HILL RISE.