23, REDESMERE DRIVE, CHEADLE HULME, CHEADLE, SK8 5JY - £357,500

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

23 REDESMERE DRIVE is a small extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £357,500 in March 2021, which was around 16% below the average March 2021 detached price in the Stockport local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

23 REDESMERE DRIVE Sold Prices

Land registry data shows three sales for 23 REDESMERE DRIVE 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. Two of the three 23 REDESMERE DRIVE sales were for below the average price, whilst one 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 18 MAR	£357,500	£423,397	16% below HPI
2010 23 JUL	£202,000	£271,061	25% below HPI
1997 29 OCT	£105,000	£103,378	2% above HPI

23 REDESMERE 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 three 23 REDESMERE DRIVE sales between October 1997 and March 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 July 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 23 REDESMERE DRIVE?

23 REDESMERE DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 40% of detached houses in Cheadle Hulme, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle Hulme, and where 23 REDESMERE DRIVE lies on this distribution: 34% of detached houses are smaller than 23 REDESMERE DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.

23 REDESMERE DRIVE: Plot and Title Map

23 REDESMERE DRIVE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 23 REDESMERE 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 23 REDESMERE 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 23 REDESMERE DRIVE?

23 REDESMERE DRIVE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 23 on REDESMERE DRIVE.