1, MEADWAY, HIGH LANE, STOCKPORT, SK6 8EG - £283,500

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.

1 MEADWAY is a very small detached house of 63m², built sometime between 1930 and 1949, which could now be worth an estimated £331,416. It was last sold for £283,500 in December 2020, which was around 36% below the average December 2020 detached price in the Stockport local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

1 MEADWAY Sold Prices

Land registry data shows two sales for 1 MEADWAY 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 MEADWAY 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
2020 18 DEC	£283,500	£444,073	36% below HPI
2019 9 AUG	£225,000	£400,033	44% below HPI

1 MEADWAY 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 MEADWAY sales from August 2019 and December 2020 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 August 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 MEADWAY be worth now?

1 MEADWAY might now be worth an estimated £331,416.

This is based on house price inflation of 16.9%, between December 2020 and February 2025, for detached houses, in the Stockport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.9% inflationary increase is applied to the most recent sale price for 1 MEADWAY of £283,500 on 18th December 2020. For the value to have increased from £283,500 to £331,416 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 MEADWAY has moved in line with the HPI for detached houses in the Stockport local authority area.
• The December 2020 sale price of £283,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADWAY has not materially changed since December 2020.

How Large is 1 MEADWAY?

1 MEADWAY is 63m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses houses in High Lane, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Lane, and where 1 MEADWAY lies on this distribution: 3% of detached houses houses are smaller than 1 MEADWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in High Lane.

1 MEADWAY: Plot and Title Map

1 MEADWAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 1 MEADWAY, 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 MEADWAY). 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 MEADWAY?

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