3, MILLWOOD CLOSE, CHEADLE HULME, CHEADLE, SK8 6SU - £358,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MILLWOOD CLOSE is a midsized detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £573,976. It was last sold for £358,000 in February 2016, which was around 8% above the average February 2016 detached price in the Stockport local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

3 MILLWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 MILLWOOD 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 MILLWOOD 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
2016 4 FEB	£358,000	£331,603	8% above HPI
1998 30 SEP	£147,945	£114,679	29% above HPI

3 MILLWOOD 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 MILLWOOD CLOSE sales from September 1998 and February 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 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 MILLWOOD CLOSE be worth now?

3 MILLWOOD CLOSE might now be worth an estimated £573,976.

This is based on house price inflation of 60.3%, between February 2016 and December 2024, 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 60.3% inflationary increase is applied to the most recent sale price for 3 MILLWOOD CLOSE of £358,000 on 4th February 2016. For the value to have increased from £358,000 to £573,976 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 3 MILLWOOD CLOSE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The February 2016 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLWOOD CLOSE has not materially changed since February 2016.

How Large is 3 MILLWOOD CLOSE?

3 MILLWOOD CLOSE is 130m² according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses houses in Cheadle Hulme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheadle Hulme, and where 3 MILLWOOD CLOSE lies on this distribution: 53% of detached houses houses are smaller than 3 MILLWOOD CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.

3 MILLWOOD CLOSE: Plot and Title Map

3 MILLWOOD CLOSE sits on a plot of roughly 5.5 acres, or 22,070m². The below map shows the location of 3 MILLWOOD 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 MILLWOOD 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 MILLWOOD CLOSE?

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