5, RICHMOND GROVE, CHEADLE HULME, CHEADLE, SK8 6AH - £249,950

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

5 RICHMOND GROVE is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £357,823. It was last sold for £249,950 in November 2017, which was around 33% below the average November 2017 detached price in the Stockport local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was C.

5 RICHMOND GROVE Sold Prices

Land registry data shows two sales for 5 RICHMOND GROVE 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 5 RICHMOND GROVE 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 9 NOV	£249,950	£371,376	33% below HPI
2001 12 OCT	£90,000	£164,002	45% below HPI

5 RICHMOND GROVE 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 5 RICHMOND GROVE sales from October 2001 and November 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 October 2001 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2017 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 5 RICHMOND GROVE be worth now?

5 RICHMOND GROVE might now be worth an estimated £357,823.

This is based on house price inflation of 43.2%, between November 2017 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 43.2% inflationary increase is applied to the most recent sale price for 5 RICHMOND GROVE of £249,950 on 9th November 2017. For the value to have increased from £249,950 to £357,823 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 RICHMOND GROVE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The November 2017 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 5 RICHMOND GROVE has not materially changed since November 2017.

How Large is 5 RICHMOND GROVE?

5 RICHMOND GROVE is 66m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses houses in Cheadle Hulme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheadle Hulme, and where 5 RICHMOND GROVE lies on this distribution: 2% of detached houses houses are smaller than 5 RICHMOND GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.

5 RICHMOND GROVE: Plot and Title Map

5 RICHMOND GROVE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 5 RICHMOND GROVE, 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 5 RICHMOND GROVE). 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 5 RICHMOND GROVE?

5 RICHMOND GROVE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 5 on RICHMOND GROVE.