40, MELTHAM CLOSE, STOCKPORT, SK4 3BD - £68,500

40 MELTHAM CLOSE is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £68,500 in October 1998, which was around 39% below the average October 1998 detached price in the Stockport local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

40 MELTHAM CLOSE Sold Prices

Land registry data shows two sales for 40 MELTHAM 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 40 MELTHAM 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
1998 9 OCT	£68,500	£111,567	39% below HPI
1996 10 MAY	£62,950	£93,993	33% below HPI

40 MELTHAM 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 40 MELTHAM CLOSE sales from May 1996 and October 1998 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 May 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 1998 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 40 MELTHAM CLOSE?

40 MELTHAM CLOSE is 92m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Stockport, based on EPC data. The below chart shows the distribution of detached houses by size in Stockport, and where 40 MELTHAM CLOSE lies on this distribution: 30% of detached houses are smaller than 40 MELTHAM CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Stockport.

40 MELTHAM CLOSE: Plot and Title Map

40 MELTHAM CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 40 MELTHAM 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 40 MELTHAM 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 40 MELTHAM CLOSE?

40 MELTHAM CLOSE is located in STOCKPORT, in the SK4 postcode district. The below map shows the position of No. 40 on MELTHAM CLOSE.