4, PETREL CLOSE, STOCKPORT, SK3 8US - £145,000

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

4 PETREL CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £145,000 in February 2014, which was around 50% below the average February 2014 detached price in the Stockport local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

4 PETREL CLOSE Sold Prices

Land registry data shows two sales for 4 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 4 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
2014 17 FEB	£145,000	£290,533	50% below HPI
1997 3 NOV	£62,510	£107,454	42% below HPI

4 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 4 PETREL CLOSE sales from November 1997 and February 2014 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 November 1997 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 4 PETREL CLOSE be worth now?

4 PETREL CLOSE might now be worth an estimated £265,339.

This is based on house price inflation of 83%, between February 2014 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 83% inflationary increase is applied to the most recent sale price for 4 PETREL CLOSE of £145,000 on 17th February 2014. For the value to have increased from £145,000 to £265,339 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 4 PETREL CLOSE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The February 2014 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PETREL CLOSE has not materially changed since February 2014.

How Large is 4 PETREL CLOSE?

4 PETREL CLOSE is 74m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Stockport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stockport, and where 4 PETREL CLOSE lies on this distribution: 10% of detached houses houses are smaller than 4 PETREL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Stockport.

4 PETREL CLOSE: Plot and Title Map

4 PETREL CLOSE sits on a plot of roughly 6.7 acres, or 27,103m². The below map shows the location of 4 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 4 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 4 PETREL CLOSE?

4 PETREL CLOSE is located in STOCKPORT, in the SK3 postcode district. The below map shows the position of No. 4 on PETREL CLOSE.