32, REDESMERE DRIVE, CHEADLE HULME, CHEADLE, SK8 5JY - £600,000

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

32 REDESMERE DRIVE is a small extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £600,000 in October 2023, which was around 22% above the average October 2023 detached price in the Stockport local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

32 REDESMERE DRIVE Sold Prices

Land registry data shows two sales for 32 REDESMERE DRIVE 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 32 REDESMERE DRIVE 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
2023 13 OCT	£600,000	£491,567	22% above HPI
2017 4 AUG	£370,000	£355,704	4% above HPI

32 REDESMERE DRIVE 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 32 REDESMERE DRIVE sales from August 2017 and October 2023 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 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 32 REDESMERE DRIVE?

32 REDESMERE DRIVE is 110m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses in Cheadle Hulme, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle Hulme, and where 32 REDESMERE DRIVE lies on this distribution: 32% of detached houses are smaller than 32 REDESMERE DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.

32 REDESMERE DRIVE: Plot and Title Map

32 REDESMERE DRIVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 32 REDESMERE DRIVE, 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 32 REDESMERE DRIVE). 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 32 REDESMERE DRIVE?

32 REDESMERE DRIVE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 32 on REDESMERE DRIVE.