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 LANARK CLOSE is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £215,000 in July 2014, which was around 27% below the average July 2014 detached price in the Stockport local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 LANARK CLOSE 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 8 LANARK 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 |
---|---|---|---|
2014 31 JUL | £215,000 | £294,299 | 27% below HPI |
2008 22 APR | £207,250 | £294,086 | 30% below HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The two 8 LANARK CLOSE sales from April 2008 and July 2014 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 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
8 LANARK CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in November 2013. 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 8 LANARK CLOSE lies on this distribution: 28% of detached houses are smaller than 8 LANARK CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hazel Grove.
8 LANARK CLOSE sits on a plot of roughly 2.1 acres, or 8,532m². The below map shows the location of 8 LANARK 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 LANARK 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.
8 LANARK CLOSE is located in HAZEL GROVE, in the SK7 postcode district. The below map shows the position of No. 8 on LANARK CLOSE.