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 WOOD LANE is a midsized extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £317,500 in December 2015, which was around 12% above the average December 2015 detached price in the High Peak local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 WOOD LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. All of the four 7 WOOD LANE 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 |
---|---|---|---|
2015 1 DEC | £317,500 | £284,134 | 12% above HPI |
2004 11 APR | £249,950 | £216,626 | 15% above HPI |
2002 16 AUG | £210,000 | £164,454 | 28% above HPI |
1999 12 FEB | £129,995 | £104,269 | 25% above HPI |
The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The four 7 WOOD LANE sales between February 1999 and December 2015 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 April 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
7 WOOD LANE is 123m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Hayfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hayfield, and where 7 WOOD LANE lies on this distribution: 50% of detached houses are smaller than 7 WOOD LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hayfield.
7 WOOD LANE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 7 WOOD LANE, 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 WOOD LANE). 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.
7 WOOD LANE is located in HAYFIELD, in the SK22 postcode district. The below map shows the position of No. 7 on WOOD LANE.