16, REDESMERE CLOSE, TIMPERLEY, ALTRINCHAM, WA15 7EE - £220,000

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.

16 REDESMERE CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £330,488. It was last sold for £220,000 in May 2018, which was around 58% below the average May 2018 detached price in the Trafford local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

16 REDESMERE CLOSE Sold Prices

Land registry data shows one sale for 16 REDESMERE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Trafford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 14 MAY	£220,000	£526,852	58% below HPI

What might 16 REDESMERE CLOSE be worth now?

16 REDESMERE CLOSE might now be worth an estimated £330,488.

This is based on house price inflation of 50.2%, between May 2018 and May 2026, for detached houses, in the Trafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.2% inflationary increase is applied to the most recent sale price for 16 REDESMERE CLOSE of £220,000 on 14th May 2018. For the value to have increased from £220,000 to £330,488 over the eight years to May 2026, the following assumptions must hold true:

• The value of 16 REDESMERE CLOSE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The May 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDESMERE CLOSE has not materially changed since May 2018.

How Large is 16 REDESMERE CLOSE?

16 REDESMERE CLOSE is 74m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses in Altrincham, based on EPC data. The below chart shows the distribution of detached houses by size in Altrincham, and where 16 REDESMERE CLOSE lies on this distribution: 5% of detached houses are smaller than 16 REDESMERE CLOSE, and 95% of detached houses are larger. Note that EPC data is not available for all properties in Altrincham.

16 REDESMERE CLOSE: Plot

16 REDESMERE CLOSE sits on a plot of roughly 0.051 of an acre, or 206m².

Where is 16 REDESMERE CLOSE?

16 REDESMERE CLOSE is located in TIMPERLEY, in the WA15 postcode district.