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Mystery very low price sale - Rightmove and Zoopla disagree

Yesterday I was checking the 'sold prices' history of a small development which I might like to move to. I've been keeping an eye on it for a few years now.

To my amazement, Zoopla is listing a sale in December 2024 on one of the (8) properties concerned which had entirely escaped my notice at the time. I neither noticed it coming on to the market nor selling, which is extremely odd, to put it mildly.

Added to which, the sold price mentioned is way, way below what should have been the going rate. We're talking in the hundreds of thousands.

Finally - icing on cake - Rightmove sold prices has no such record.

I am totally mystified.
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Comments

  • silvercar
    silvercar Posts: 50,953 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    For the definitive answer you would need to go onto the Land registry site. I think it would show you the date the last sale was made without having to pay to download the price.

    It could be a transfer of equity that has been incorrectly recorded as a sale.
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  • Bigphil1474
    Bigphil1474 Posts: 4,078 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Typo, human error, wrong address, someone at Zoopla having a laugh. Something like that maybe,
  • RainbowsInTheSpray
    RainbowsInTheSpray Posts: 1,508 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    silvercar said:
    For the definitive answer you would need to go onto the Land registry site. I think it would show you the date the last sale was made without having to pay to download the price.

    It could be a transfer of equity that has been incorrectly recorded as a sale.
    Indeed I was wondering whether there may have been some internal family transfer situation here. A sale at the level quoted would surely have implications for correct Stamp Duty liability... 
  • RainbowsInTheSpray
    RainbowsInTheSpray Posts: 1,508 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    silvercar said:
    For the definitive answer you would need to go onto the Land registry site. I think it would show you the date the last sale was made without having to pay to download the price.

    It could be a transfer of equity that has been incorrectly recorded as a sale.
    No possibility of that, sadly.
  • user1977
    user1977 Posts: 19,639 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    If it wasn't an open-market sale then the price is irrelevant for your purposes anyway.
  • RainbowsInTheSpray
    RainbowsInTheSpray Posts: 1,508 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    For my purposes, yes. Might be relevant to HMRC, though...
  • user1977
    user1977 Posts: 19,639 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    For my purposes, yes. Might be relevant to HMRC, though...
    I doubt it. Why would it, any more than any other transaction?
  • BikingBud
    BikingBud Posts: 2,864 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    silvercar said:
    For the definitive answer you would need to go onto the Land registry site. I think it would show you the date the last sale was made without having to pay to download the price.

    It could be a transfer of equity that has been incorrectly recorded as a sale.
    No possibility of that, sadly.
    Did you try here:

    https://landregistry.data.gov.uk/app/ppd/?relative_url_root=%2Fapp%2Fppd

    Your life is too short to be unhappy 5 days a week in exchange for 2 days of freedom!
  • Slinky
    Slinky Posts: 11,674 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    We have one like that in our street. It sold for £505K, but if you look at the land registry record, there's an entry about 3 months before for £140K.  Must have been something to do with equity transfer as mentioned above, because the people who put it up for sale were still living there right up to the completion date for the £505K sale.
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  • tooldle
    tooldle Posts: 1,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Could it be a transfer of title rather than a sale? Freehold being purchased? 
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