3, FRESNEL CLOSE, HYDE, SK14 4UY - £275,000

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.

3 FRESNEL CLOSE is a very small extended detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £412,902. It was last sold for £275,000 in February 2018, which was around 16% above the average February 2018 detached price in the Tameside local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

3 FRESNEL CLOSE Sold Prices

Land registry data shows two sales for 3 FRESNEL 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 Tameside local authority area for the corresponding sale date. Both of the two 3 FRESNEL CLOSE 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
2018 16 FEB	£275,000	£236,680	16% above HPI
2001 27 JUL	£132,500	£96,204	38% above HPI

3 FRESNEL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tameside local authority area over time, sourced from the HPI. The two 3 FRESNEL CLOSE sales from July 2001 and February 2018 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 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 3 FRESNEL CLOSE be worth now?

3 FRESNEL CLOSE might now be worth an estimated £412,902.

This is based on house price inflation of 50.1%, between February 2018 and February 2025, for detached houses, in the Tameside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.1% inflationary increase is applied to the most recent sale price for 3 FRESNEL CLOSE of £275,000 on 16th February 2018. For the value to have increased from £275,000 to £412,902 over the seven years to February 2025, the following assumptions must hold true:

• The value of 3 FRESNEL CLOSE has moved in line with the HPI for detached houses in the Tameside local authority area.
• The February 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FRESNEL CLOSE has not materially changed since February 2018.

How Large is 3 FRESNEL CLOSE?

3 FRESNEL CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses houses in Hyde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hyde, and where 3 FRESNEL CLOSE lies on this distribution: 18% of detached houses houses are smaller than 3 FRESNEL CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hyde.

3 FRESNEL CLOSE: Plot and Title Map

3 FRESNEL CLOSE sits on a plot of roughly 13.3 acres, or 53,676m². The below map shows the location of 3 FRESNEL 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 FRESNEL 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 FRESNEL CLOSE?

3 FRESNEL CLOSE is located in HYDE, in the SK14 postcode district. The below map shows the position of No. 3 on FRESNEL CLOSE.