2, RUTLAND WAY, CHINLEY, HIGH PEAK, SK23 6AT - £270,000

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.

2 RUTLAND WAY is a small detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £411,783. It was last sold for £270,000 in September 2015, which was around 1% above the average September 2015 detached price in the High Peak local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

2 RUTLAND WAY Sold Prices

Land registry data shows two sales for 2 RUTLAND 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. One of the two 2 RUTLAND WAY sales was for above the average price, whilst the other was 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
2015 14 SEP	£270,000	£266,460	1% above HPI
2011 24 OCT	£236,000	£252,229	6% below HPI

2 RUTLAND 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 2 RUTLAND WAY sales from October 2011 and September 2015 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 October 2011 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 RUTLAND WAY be worth now?

2 RUTLAND WAY might now be worth an estimated £411,783.

This is based on house price inflation of 52.5%, between September 2015 and June 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 52.5% inflationary increase is applied to the most recent sale price for 2 RUTLAND WAY of £270,000 on 14th September 2015. For the value to have increased from £270,000 to £411,783 over the ten years and three months to June 2025, the following assumptions must hold true:

• The value of 2 RUTLAND WAY has moved in line with the HPI for detached houses in the High Peak local authority area.
• The September 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RUTLAND WAY has not materially changed since September 2015.

How Large is 2 RUTLAND WAY?

2 RUTLAND WAY is 114m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% 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 2 RUTLAND WAY lies on this distribution: 29% of detached houses houses are smaller than 2 RUTLAND WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Chinley.

2 RUTLAND WAY: Plot and Title Map

2 RUTLAND WAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 RUTLAND 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 2 RUTLAND 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 2 RUTLAND WAY?

2 RUTLAND WAY is located in CHINLEY, in the SK23 postcode district. The below map shows the position of No. 2 on RUTLAND WAY.