3, MEDINA CLOSE, CHEADLE HULME, CHEADLE, SK8 5SA - £345,000

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

3 MEDINA CLOSE is a very small extended detached house of 67m², built sometime between 1983 and 1990. It was last sold for £345,000 in February 2021, which was around 19% below the average February 2021 detached price in the Stockport local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

3 MEDINA CLOSE Sold Prices

Land registry data shows two sales for 3 MEDINA 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 3 MEDINA 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
2021 19 FEB	£345,000	£425,918	19% below HPI
2012 6 DEC	£242,500	£271,533	11% below HPI

3 MEDINA 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 3 MEDINA CLOSE sales from December 2012 and February 2021 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 December 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 MEDINA CLOSE?

3 MEDINA CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 3 MEDINA CLOSE lies on this distribution: 10% of detached houses are smaller than 3 MEDINA CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

3 MEDINA CLOSE: Plot and Title Map

3 MEDINA CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 3 MEDINA 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 MEDINA 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 MEDINA CLOSE?

3 MEDINA CLOSE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 3 on MEDINA CLOSE.