9, CHEPSTOW DRIVE, HAZEL GROVE, STOCKPORT, SK7 4RY - £348,000

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

9 CHEPSTOW DRIVE is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £348,000 in December 2023, which was around 29% below the average December 2023 detached price in the Stockport local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

9 CHEPSTOW DRIVE Sold Prices

Land registry data shows two sales for 9 CHEPSTOW DRIVE 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 9 CHEPSTOW DRIVE 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
2023 4 DEC	£348,000	£490,708	29% below HPI
1998 20 MAR	£74,000	£103,546	29% below HPI

9 CHEPSTOW DRIVE 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 9 CHEPSTOW DRIVE sales from March 1998 and December 2023 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 March 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2023 sale, which was also at 29% below the HPI.

How Large is 9 CHEPSTOW DRIVE?

9 CHEPSTOW DRIVE is 88m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% 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 9 CHEPSTOW DRIVE lies on this distribution: 17% of detached houses are smaller than 9 CHEPSTOW DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hazel Grove.

9 CHEPSTOW DRIVE: Plot and Title Map

9 CHEPSTOW DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 9 CHEPSTOW DRIVE, 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 9 CHEPSTOW DRIVE). 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 9 CHEPSTOW DRIVE?

9 CHEPSTOW DRIVE is located in HAZEL GROVE, in the SK7 postcode district. The below map shows the position of No. 9 on CHEPSTOW DRIVE.