18, OUTRAM WAY, CHINLEY, HIGH PEAK, SK23 6EQ - £460,000

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.

18 OUTRAM WAY is a midsized detached house of 125m², which could now be worth an estimated £510,868. It was last sold for £460,000 in July 2022, which was around 13% above the average July 2022 detached price in the High Peak local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

18 OUTRAM WAY Sold Prices

Land registry data shows two sales for 18 OUTRAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. Both of the two 18 OUTRAM WAY 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
2022 21 JUL	£460,000	£406,011	13% above HPI
2018 29 JUN	£317,450	£313,054	1% above HPI

18 OUTRAM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The two 18 OUTRAM WAY sales from June 2018 and July 2022 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 June 2018 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 18 OUTRAM WAY be worth now?

18 OUTRAM WAY might now be worth an estimated £510,868.

This is based on house price inflation of 11.1%, between July 2022 and February 2025, for detached houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.1% inflationary increase is applied to the most recent sale price for 18 OUTRAM WAY of £460,000 on 21st July 2022. For the value to have increased from £460,000 to £510,868 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 18 OUTRAM WAY has moved in line with the HPI for detached houses in the High Peak local authority area.
• The July 2022 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 18 OUTRAM WAY has not materially changed since July 2022.

How Large is 18 OUTRAM WAY?

18 OUTRAM WAY is 125m² according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses houses in Chinley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chinley, and where 18 OUTRAM WAY lies on this distribution: 54% of detached houses houses are smaller than 18 OUTRAM WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Chinley.

18 OUTRAM WAY: Plot and Title Map

18 OUTRAM WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 18 OUTRAM WAY, 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 18 OUTRAM WAY). 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 18 OUTRAM WAY?

18 OUTRAM WAY is located in CHINLEY, in the SK23 postcode district. The below map shows the position of No. 18 on OUTRAM WAY.