1, SPRINGFIELD ROAD, GATLEY, CHEADLE, SK8 4PE - £318,000

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.

1 SPRINGFIELD ROAD is a small extended detached house of 116m², built sometime between 1930 and 1949, which could now be worth an estimated £541,742. It was last sold for £318,000 in December 2014, which was around 4% above the average December 2014 detached price in the Stockport local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was D.

1 SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 1 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. All of the four 1 SPRINGFIELD ROAD sales were for above 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
2014 19 DEC	£318,000	£304,726	4% above HPI
2011 21 OCT	£280,000	£277,996	1% above HPI
2005 25 NOV	£310,000	£271,083	14% above HPI
2001 6 SEP	£185,000	£161,461	15% above HPI

1 SPRINGFIELD ROAD 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 four 1 SPRINGFIELD ROAD sales between September 2001 and December 2014 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 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 1 SPRINGFIELD ROAD be worth now?

1 SPRINGFIELD ROAD might now be worth an estimated £541,742.

This is based on house price inflation of 70.4%, between December 2014 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 70.4% inflationary increase is applied to the most recent sale price for 1 SPRINGFIELD ROAD of £318,000 on 19th December 2014. For the value to have increased from £318,000 to £541,742 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Stockport local authority area.
• The December 2014 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD ROAD has not materially changed since December 2014.

How Large is 1 SPRINGFIELD ROAD?

1 SPRINGFIELD ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses houses in Gatley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gatley, and where 1 SPRINGFIELD ROAD lies on this distribution: 31% of detached houses houses are smaller than 1 SPRINGFIELD ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Gatley.

1 SPRINGFIELD ROAD: Plot and Title Map

1 SPRINGFIELD ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 1 SPRINGFIELD ROAD, 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 SPRINGFIELD ROAD). 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 SPRINGFIELD ROAD?

1 SPRINGFIELD ROAD is located in GATLEY, in the SK8 postcode district. The below map shows the position of No. 1 on SPRINGFIELD ROAD.