PEN LEE, JACKSONS LANE, HAZEL GROVE, STOCKPORT, SK7 5JP - £620,000

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.

PEN LEE is a very large extended detached house of 163m², built sometime between 1900 and 1929, which could now be worth an estimated £734,542. It was last sold for £620,000 in April 2021, which was around 41% above the average April 2021 detached price in the Stockport local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

PEN LEE Sold Prices

Land registry data shows three sales for PEN LEE 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 PEN LEE 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
2021 9 APR	£620,000	£438,178	41% above HPI
2019 18 NOV	£630,000	£409,171	54% above HPI
1999 23 SEP	£207,500	£123,390	68% above HPI

PEN LEE 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 PEN LEE sales between September 1999 and April 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 November 2019 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the April 2021 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might PEN LEE be worth now?

PEN LEE might now be worth an estimated £734,542.

This is based on house price inflation of 18.5%, between April 2021 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 18.5% inflationary increase is applied to the most recent sale price for PEN LEE of £620,000 on 9th April 2021. For the value to have increased from £620,000 to £734,542 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of PEN LEE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The April 2021 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of PEN LEE has not materially changed since April 2021.

How Large is PEN LEE?

PEN LEE is 163m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 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 PEN LEE lies on this distribution: 85% of detached houses houses are smaller than PEN LEE, and 14% of houses are larger. Note that EPC data is not available for all properties in Hazel Grove.

PEN LEE: Plot and Title Map

PEN LEE sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of PEN LEE, 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 PEN LEE). 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 PEN LEE?

PEN LEE is located on JACKSONS LANE in HAZEL GROVE, in the SK7 postcode district. The below map shows the position of PEN LEE on JACKSONS LANE.