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
27 MILL LANE is a very small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £325,000 in January 2015, which was around 8% above the average January 2015 detached price in the Stockport local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 27 MILL LANE since 1st 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. One of the three 27 MILL LANE sales was for above the average price, whilst two 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 |
---|---|---|---|
2015 23 JAN | £325,000 | £300,069 | 8% above HPI |
2010 26 NOV | £246,000 | £271,385 | 9% below HPI |
1997 19 SEP | £93,500 | £103,662 | 10% below HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The three 27 MILL LANE sales between September 1997 and January 2015 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 November 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2015 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
27 MILL LANE is 87m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of detached houses in Hazel Grove, based on EPC data. The below chart shows the distribution of detached houses by size in Hazel Grove, and where 27 MILL LANE lies on this distribution: 17% of detached houses are smaller than 27 MILL LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hazel Grove.
27 MILL LANE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 27 MILL LANE, 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 27 MILL LANE). 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.
27 MILL LANE is located in HAZEL GROVE, in the SK7 postcode district. The below map shows the position of No. 27 on MILL LANE.