7, REDCAR CLOSE, HAZEL GROVE, STOCKPORT, SK7 4SQ - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 REDCAR CLOSE is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £320,000 in March 2022, which was around 32% below the average March 2022 detached price in the Stockport local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

7 REDCAR CLOSE Sold Prices

Land registry data shows two sales for 7 REDCAR 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 7 REDCAR 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
2022 29 MAR	£320,000	£469,616	32% below HPI
2018 29 JUN	£240,000	£369,653	35% below HPI

7 REDCAR 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 7 REDCAR CLOSE sales from June 2018 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 June 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 REDCAR CLOSE?

7 REDCAR CLOSE is 100m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Hazel Grove, based on EPC data. The below chart shows the distribution of detached houses by size in Hazel Grove, and where 7 REDCAR CLOSE lies on this distribution: 29% of detached houses are smaller than 7 REDCAR CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hazel Grove.

7 REDCAR CLOSE: Plot and Title Map

7 REDCAR CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 REDCAR 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 7 REDCAR 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 7 REDCAR CLOSE?

7 REDCAR CLOSE is located in HAZEL GROVE, in the SK7 postcode district. The below map shows the position of No. 7 on REDCAR CLOSE.