1, HEYS LANE, ROMILEY, STOCKPORT, SK6 4LT - £435,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HEYS LANE is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £435,000 in January 2023, which was around 13% below the average January 2023 detached price in the Stockport local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

1 HEYS LANE Sold Prices

Land registry data shows two sales for 1 HEYS LANE 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 1 HEYS LANE 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 12 JAN	£435,000	£499,588	13% below HPI
2016 28 JAN	£250,000	£319,697	22% below HPI

1 HEYS LANE 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 1 HEYS LANE sales from January 2016 and January 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 January 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 HEYS LANE?

1 HEYS LANE is 70m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Romiley, based on EPC data. The below chart shows the distribution of detached houses by size in Romiley, and where 1 HEYS LANE lies on this distribution: 11% of detached houses are smaller than 1 HEYS LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Romiley.

1 HEYS LANE: Plot and Title Map

1 HEYS LANE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 1 HEYS LANE, 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 1 HEYS LANE). 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 1 HEYS LANE?

1 HEYS LANE is located in ROMILEY, in the SK6 postcode district. The below map shows the position of No. 1 on HEYS LANE.