3, PETREL CLOSE, STOCKPORT, SK3 8US - £185,000

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 PETREL CLOSE is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £185,000 in June 2017, which was around 48% below the average June 2017 detached price in the Stockport local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 PETREL CLOSE Sold Prices

Land registry data shows two sales for 3 PETREL 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 PETREL 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
2017 30 JUN	£185,000	£354,979	48% below HPI
1997 15 AUG	£73,500	£103,982	29% below HPI

3 PETREL 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 PETREL CLOSE sales from August 1997 and June 2017 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 August 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2017 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 3 PETREL CLOSE?

3 PETREL CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Stockport, based on EPC data. The below chart shows the distribution of detached houses by size in Stockport, and where 3 PETREL CLOSE lies on this distribution: 25% of detached houses are smaller than 3 PETREL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Stockport.

3 PETREL CLOSE: Plot and Title Map

3 PETREL CLOSE sits on a plot of roughly 7.1 acres, or 28,825m². The below map shows the location of 3 PETREL 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 PETREL 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 PETREL CLOSE?

3 PETREL CLOSE is located in STOCKPORT, in the SK3 postcode district. The below map shows the position of No. 3 on PETREL CLOSE.