FOUR WINDS, REDMOOR LANE, NEW MILLS, HIGH PEAK, SK22 3LL - £545,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FOUR WINDS is a very large detached house of 158m², built sometime between 1900 and 1929. It was last sold for £545,000 in October 2014, which was around 75% above the average October 2014 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was E.

FOUR WINDS Sold Prices

Land registry data shows two sales for FOUR WINDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two FOUR WINDS 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
2014 17 OCT	£545,000	£310,874	75% above HPI
2012 24 FEB	£450,000	£272,736	65% above HPI

FOUR WINDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two FOUR WINDS sales from February 2012 and October 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 February 2012 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2014 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is FOUR WINDS?

FOUR WINDS is 158m² according to the EPC inspection conducted in June 2011. This puts it in the largest 20% of detached houses in New Mills, based on EPC data. The below chart shows the distribution of detached houses by size in New Mills, and where FOUR WINDS lies on this distribution: 84% of detached houses are smaller than FOUR WINDS, and 16% of houses are larger. Note that EPC data is not available for all properties in New Mills.

FOUR WINDS: Plot and Title Map

FOUR WINDS sits on a plot of roughly 2.3 acres, or 9,124m². The below map shows the location of FOUR WINDS, 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 FOUR WINDS). 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 FOUR WINDS?

FOUR WINDS is located on REDMOOR LANE in NEW MILLS, in the SK22 postcode district. The below map shows the position of FOUR WINDS on REDMOOR LANE.