3, FIRS CLOSE, GATLEY, CHEADLE, SK8 4JB - £394,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 FIRS CLOSE is a small extended semi-detached house of 119m², built sometime between 1996 and 2002. It was last sold for £394,000 in December 2022, which was around 22% below the average December 2022 detached price in the Stockport local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

3 FIRS CLOSE Sold Prices

Land registry data shows three sales for 3 FIRS CLOSE 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. One of the three 3 FIRS CLOSE sales was for below the average price, whilst two 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
2022 9 DEC	£394,000	£502,699	22% below HPI
2003 11 SEP	£219,950	£215,561	2% above HPI
1999 14 MAY	£143,500	£113,419	27% above HPI

3 FIRS 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 three 3 FIRS CLOSE sales between May 1999 and December 2022 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 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 FIRS CLOSE?

3 FIRS CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Gatley, based on EPC data. The below chart shows the distribution of detached houses by size in Gatley, and where 3 FIRS CLOSE lies on this distribution: 34% of detached houses are smaller than 3 FIRS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Gatley.

3 FIRS CLOSE: Plot and Title Map

3 FIRS CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 3 FIRS 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 3 FIRS 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 3 FIRS CLOSE?

3 FIRS CLOSE is located in GATLEY, in the SK8 postcode district. The below map shows the position of No. 3 on FIRS CLOSE.