1, MEDINA CLOSE, CHEADLE HULME, CHEADLE, SK8 5SA - £293,000

1 MEDINA CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £293,000 in December 2018, which was around 24% below the average December 2018 detached price in the Stockport local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

1 MEDINA CLOSE Sold Prices

Land registry data shows two sales for 1 MEDINA CLOSE 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 1 MEDINA 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
2018 14 DEC	£293,000	£385,269	24% below HPI
2000 28 APR	£117,500	£128,595	9% below HPI

1 MEDINA 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 two 1 MEDINA CLOSE sales from April 2000 and December 2018 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 1 MEDINA CLOSE?

1 MEDINA CLOSE is 79m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 1 MEDINA CLOSE lies on this distribution: 18% of detached houses are smaller than 1 MEDINA CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

1 MEDINA CLOSE: Plot and Title Map

1 MEDINA CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 1 MEDINA 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 1 MEDINA 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 1 MEDINA CLOSE?

1 MEDINA CLOSE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 1 on MEDINA CLOSE.