47, GRASMERE ROAD, GATLEY, CHEADLE, SK8 4RS - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

47 GRASMERE ROAD is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £405,000 in March 2022, which was around 14% below the average March 2022 detached price in the Stockport local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

47 GRASMERE ROAD Sold Prices

Land registry data shows three sales for 47 GRASMERE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. Two of the three 47 GRASMERE ROAD sales were for below the average price, whilst one was 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
2022 25 MAR	£405,000	£469,616	14% below HPI
2018 1 MAR	£340,000	£365,451	7% below HPI
2016 30 MAR	£345,000	£322,139	7% above HPI

47 GRASMERE ROAD 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 three 47 GRASMERE ROAD sales between March 2016 and March 2022 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 March 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 47 GRASMERE ROAD?

47 GRASMERE ROAD is 94m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses in Gatley, based on EPC data. The below chart shows the distribution of detached houses by size in Gatley, and where 47 GRASMERE ROAD lies on this distribution: 14% of detached houses are smaller than 47 GRASMERE ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Gatley.

47 GRASMERE ROAD: Plot and Title Map

47 GRASMERE ROAD sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 47 GRASMERE ROAD, 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 47 GRASMERE ROAD). 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 47 GRASMERE ROAD?

47 GRASMERE ROAD is located in GATLEY, in the SK8 postcode district. The below map shows the position of No. 47 on GRASMERE ROAD.