28, REDESMERE DRIVE, CHEADLE HULME, CHEADLE, SK8 5JY - £340,000

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

28 REDESMERE DRIVE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £340,000 in June 2016, which was around 3% above the average June 2016 detached price in the Stockport local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

28 REDESMERE DRIVE Sold Prices

Land registry data shows two sales for 28 REDESMERE DRIVE 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 REDESMERE DRIVE sales were 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
2016 10 JUN	£340,000	£330,455	3% above HPI
1997 10 SEP	£105,000	£103,662	1% above HPI

28 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 two 28 REDESMERE DRIVE sales from September 1997 and June 2016 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 September 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 28 REDESMERE DRIVE?

28 REDESMERE DRIVE is 104m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% 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 28 REDESMERE DRIVE lies on this distribution: 26% of detached houses are smaller than 28 REDESMERE DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.

28 REDESMERE DRIVE: Plot and Title Map

28 REDESMERE DRIVE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 28 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 28 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 28 REDESMERE DRIVE?

28 REDESMERE DRIVE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 28 on REDESMERE DRIVE.