4, OUTRAM WAY, CHINLEY, HIGH PEAK, SK23 6EQ - £356,000

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.

4 OUTRAM WAY is a small detached house of 116m², which could now be worth an estimated £415,373. It was last sold for £356,000 in April 2021, which was around 2% above the average April 2021 detached price in the High Peak local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

4 OUTRAM WAY Sold Prices

Land registry data shows two sales for 4 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. One of the two 4 OUTRAM 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
2021 13 APR	£356,000	£348,296	2% above HPI
2019 28 JUN	£299,950	£311,748	4% below HPI

4 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 4 OUTRAM WAY sales from June 2019 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 June 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 4 OUTRAM WAY be worth now?

4 OUTRAM WAY might now be worth an estimated £415,373.

This is based on house price inflation of 16.7%, between April 2021 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 16.7% inflationary increase is applied to the most recent sale price for 4 OUTRAM WAY of £356,000 on 13th April 2021. For the value to have increased from £356,000 to £415,373 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 4 OUTRAM WAY has moved in line with the HPI for detached houses in the High Peak local authority area.
• The April 2021 sale price of £356,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OUTRAM WAY has not materially changed since April 2021.

How Large is 4 OUTRAM WAY?

4 OUTRAM WAY is 116m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 4 OUTRAM WAY lies on this distribution: 30% of detached houses houses are smaller than 4 OUTRAM WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Chinley.

4 OUTRAM WAY: Plot and Title Map

4 OUTRAM WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 4 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 4 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 4 OUTRAM WAY?

4 OUTRAM WAY is located in CHINLEY, in the SK23 postcode district. The below map shows the position of No. 4 on OUTRAM WAY.