4, THE CLOSE, ALTRINCHAM, WA14 4BP - £865,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 THE CLOSE is a large extended detached house of 165m², built sometime between 1930 and 1949, which could now be worth an estimated £1,038,410. It was last sold for £865,000 in June 2021, which was around 37% above the average June 2021 detached price in the Trafford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

4 THE CLOSE Sold Prices

Land registry data shows three sales for 4 THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three 4 THE 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
2021 23 JUN	£865,000	£632,297	37% above HPI
2004 1 OCT	£525,000	£329,736	59% above HPI
2001 29 JUN	£278,000	£194,592	43% above HPI

4 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 4 THE CLOSE sales between June 2001 and June 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 October 2004 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the June 2021 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 4 THE CLOSE be worth now?

4 THE CLOSE might now be worth an estimated £1,038,410.

This is based on house price inflation of 20%, between June 2021 and March 2025, for detached houses, in the Trafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 4 THE CLOSE of £865,000 on 23rd June 2021. For the value to have increased from £865,000 to £1,038,410 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 4 THE CLOSE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The June 2021 sale price of £865,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE CLOSE has not materially changed since June 2021.

How Large is 4 THE CLOSE?

4 THE CLOSE is 165m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses houses in Altrincham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Altrincham, and where 4 THE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 4 THE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Altrincham.

4 THE CLOSE: Plot and Title Map

4 THE CLOSE sits on a plot of roughly 0.209 of an acre, or 844m². The below map shows the location of 4 THE 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 THE 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 THE CLOSE?

4 THE CLOSE is located in ALTRINCHAM, in the WA14 postcode district. The below map shows the position of No. 4 on THE CLOSE.