28, LANARK CLOSE, HAZEL GROVE, STOCKPORT, SK7 4RU - £325,000

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.

28 LANARK CLOSE is a midsized extended detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £387,786. It was last sold for £325,000 in October 2020, which was around 25% below the average October 2020 detached price in the Stockport local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

28 LANARK CLOSE Sold Prices

Land registry data shows two sales for 28 LANARK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. Both of the two 28 LANARK 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
2020 23 OCT	£325,000	£435,077	25% below HPI
2002 23 AUG	£178,000	£187,386	5% below HPI

28 LANARK CLOSE 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 two 28 LANARK CLOSE sales from August 2002 and October 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 August 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 28 LANARK CLOSE be worth now?

28 LANARK CLOSE might now be worth an estimated £387,786.

This is based on house price inflation of 19.3%, between October 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 19.3% inflationary increase is applied to the most recent sale price for 28 LANARK CLOSE of £325,000 on 23rd October 2020. For the value to have increased from £325,000 to £387,786 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 28 LANARK CLOSE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The October 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 28 LANARK CLOSE has not materially changed since October 2020.

How Large is 28 LANARK CLOSE?

28 LANARK CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses houses in Hazel Grove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hazel Grove, and where 28 LANARK CLOSE lies on this distribution: 47% of detached houses houses are smaller than 28 LANARK CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Hazel Grove.

28 LANARK CLOSE: Plot and Title Map

28 LANARK CLOSE sits on a plot of roughly 2.1 acres, or 8,532m². The below map shows the location of 28 LANARK 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 28 LANARK 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 28 LANARK CLOSE?

28 LANARK CLOSE is located in HAZEL GROVE, in the SK7 postcode district. The below map shows the position of No. 28 on LANARK CLOSE.