5, THE RISINGS, NEW MILLS, HIGH PEAK, SK22 3DJ - £440,000

5 THE RISINGS is a very small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £440,000 in November 2023, which was around 2% below the average November 2023 detached price in the High Peak local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

5 THE RISINGS Sold Prices

Land registry data shows five sales for 5 THE RISINGS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the High Peak local authority area for the corresponding sale date. Most of the five 5 THE RISINGS 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
2023 27 NOV	£440,000	£448,415	2% below HPI
2010 28 OCT	£230,000	£265,681	13% below HPI
2004 6 AUG	£249,999	£231,223	8% above HPI
2003 9 JAN	£195,000	£175,041	11% above HPI
1998 12 FEB	£40,000	£101,170	60% below HPI

5 THE RISINGS 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 five 5 THE RISINGS sales between February 1998 and November 2023 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 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 THE RISINGS?

5 THE RISINGS is 88m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in New Mills, based on EPC data. The below chart shows the distribution of detached houses by size in New Mills, and where 5 THE RISINGS lies on this distribution: 20% of detached houses are smaller than 5 THE RISINGS, and 80% of houses are larger. Note that EPC data is not available for all properties in New Mills.

5 THE RISINGS: Plot and Title Map

5 THE RISINGS sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 5 THE RISINGS, 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 5 THE RISINGS). 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 5 THE RISINGS?

5 THE RISINGS is located in NEW MILLS, in the SK22 postcode district. The below map shows the position of No. 5 on THE RISINGS.