8, WYNE CLOSE, HAZEL GROVE, STOCKPORT, SK7 6PD - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WYNE CLOSE is a very small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £450,262. It was last sold for £240,000 in February 2011, which was around 13% below the average February 2011 detached price in the Stockport local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

8 WYNE CLOSE Sold Prices

Land registry data shows four sales for 8 WYNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. All of the four 8 WYNE 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
2011 4 FEB	£240,000	£276,708	13% below HPI
2008 12 FEB	£227,000	£307,141	26% below HPI
2002 1 NOV	£180,000	£193,659	7% below HPI
1999 22 APR	£113,500	£115,567	2% below HPI

8 WYNE 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 four 8 WYNE CLOSE sales between April 1999 and February 2011 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 February 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 WYNE CLOSE be worth now?

8 WYNE CLOSE might now be worth an estimated £450,262.

This is based on house price inflation of 87.6%, between February 2011 and February 2025, for detached houses, in the Stockport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.6% inflationary increase is applied to the most recent sale price for 8 WYNE CLOSE of £240,000 on 4th February 2011. For the value to have increased from £240,000 to £450,262 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 8 WYNE CLOSE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The February 2011 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WYNE CLOSE has not materially changed since February 2011.

How Large is 8 WYNE CLOSE?

8 WYNE CLOSE is 89m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of detached houses houses in Hazel Grove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hazel Grove, and where 8 WYNE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 8 WYNE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hazel Grove.

8 WYNE CLOSE: Plot and Title Map

8 WYNE CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 8 WYNE 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 WYNE 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 WYNE CLOSE?

8 WYNE CLOSE is located in HAZEL GROVE, in the SK7 postcode district. The below map shows the position of No. 8 on WYNE CLOSE.