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
5 RIDGE AVENUE is a very large detached house of 239m², built sometime between 1976 and 1982. It was last sold for £680,000 in September 2016, which was around 99% above the average September 2016 detached price in the Stockport local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 RIDGE AVENUE since 1st 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 RIDGE AVENUE 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 |
---|---|---|---|
2016 14 SEP | £680,000 | £342,533 | 99% above HPI |
2007 22 JUN | £570,000 | £287,192 | 98% above HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The two 5 RIDGE AVENUE sales from June 2007 and September 2016 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 June 2007 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the September 2016 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.
5 RIDGE AVENUE is 239m² according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses in Marple, based on EPC data. The below chart shows the distribution of detached houses by size in Marple, and where 5 RIDGE AVENUE lies on this distribution: 95% of detached houses are smaller than 5 RIDGE AVENUE, and 4% of houses are larger. Note that EPC data is not available for all properties in Marple.
5 RIDGE AVENUE sits on a plot of roughly 0.629 of an acre, or 2,547m². The below map shows the location of 5 RIDGE AVENUE, 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 RIDGE AVENUE). 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.
5 RIDGE AVENUE is located in MARPLE, in the SK6 postcode district. The below map shows the position of No. 5 on RIDGE AVENUE.