8, ELMSTED CLOSE, CHEADLE HULME, CHEADLE, SK8 5PZ - £359,950

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

8 ELMSTED CLOSE is a small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £359,950 in June 2021, which was around 17% below the average June 2021 detached price in the Stockport local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

8 ELMSTED CLOSE Sold Prices

Land registry data shows three sales for 8 ELMSTED CLOSE 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. All of the three 8 ELMSTED 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
2021 23 JUN	£359,950	£431,989	17% below HPI
2000 15 SEP	£132,000	£141,155	6% below HPI
1996 30 JUL	£81,950	£94,728	13% below HPI

8 ELMSTED 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 three 8 ELMSTED CLOSE sales between July 1996 and June 2021 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 September 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 ELMSTED CLOSE?

8 ELMSTED CLOSE is 83m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 8 ELMSTED CLOSE lies on this distribution: 21% of detached houses are smaller than 8 ELMSTED CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

8 ELMSTED CLOSE: Plot and Title Map

8 ELMSTED CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 8 ELMSTED 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 8 ELMSTED 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 8 ELMSTED CLOSE?

8 ELMSTED CLOSE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 8 on ELMSTED CLOSE.