1, SPRINGBANK CLOSE, WOODLEY, STOCKPORT, SK6 1PL - £192,500

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 SPRINGBANK CLOSE is a very small extended detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £366,254. It was last sold for £192,500 in May 2012, which was around 29% below the average May 2012 detached price in the Stockport local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

1 SPRINGBANK CLOSE Sold Prices

Land registry data shows two sales for 1 SPRINGBANK CLOSE 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 SPRINGBANK CLOSE 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
2012 2 MAY	£192,500	£272,850	29% below HPI
2000 5 OCT	£130,000	£147,475	12% below HPI

1 SPRINGBANK CLOSE 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 SPRINGBANK CLOSE sales from October 2000 and May 2012 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 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 SPRINGBANK CLOSE be worth now?

1 SPRINGBANK CLOSE might now be worth an estimated £366,254.

This is based on house price inflation of 90.3%, between May 2012 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 90.3% inflationary increase is applied to the most recent sale price for 1 SPRINGBANK CLOSE of £192,500 on 2nd May 2012. For the value to have increased from £192,500 to £366,254 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGBANK CLOSE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The May 2012 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGBANK CLOSE has not materially changed since May 2012.

How Large is 1 SPRINGBANK CLOSE?

1 SPRINGBANK CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses houses in Woodley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodley, and where 1 SPRINGBANK CLOSE lies on this distribution: 20% of detached houses houses are smaller than 1 SPRINGBANK CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Woodley.

1 SPRINGBANK CLOSE: Plot and Title Map

1 SPRINGBANK CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1 SPRINGBANK CLOSE, 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 SPRINGBANK CLOSE). 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 SPRINGBANK CLOSE?

1 SPRINGBANK CLOSE is located in WOODLEY, in the SK6 postcode district. The below map shows the position of No. 1 on SPRINGBANK CLOSE.