12, OLD BANK CLOSE, BREDBURY, STOCKPORT, SK6 1AF - £188,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 OLD BANK CLOSE is a small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £341,766. It was last sold for £188,000 in November 2013, which was around 36% below the average November 2013 detached price in the Stockport local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

12 OLD BANK CLOSE Sold Prices

Land registry data shows five sales for 12 OLD BANK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. All of the five 12 OLD BANK 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
2013 22 NOV	£188,000	£292,454	36% below HPI
2006 13 JUN	£187,000	£278,215	33% below HPI
2004 11 MAR	£162,000	£235,703	31% below HPI
2003 7 FEB	£146,950	£199,119	26% below HPI
2001 3 AUG	£110,000	£159,701	31% below HPI

12 OLD BANK 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 five 12 OLD BANK CLOSE sales between August 2001 and November 2013 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 June 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 12 OLD BANK CLOSE be worth now?

12 OLD BANK CLOSE might now be worth an estimated £341,766.

This is based on house price inflation of 81.8%, between November 2013 and December 2024, 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 81.8% inflationary increase is applied to the most recent sale price for 12 OLD BANK CLOSE of £188,000 on 22nd November 2013. For the value to have increased from £188,000 to £341,766 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 12 OLD BANK CLOSE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The November 2013 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OLD BANK CLOSE has not materially changed since November 2013.

How Large is 12 OLD BANK CLOSE?

12 OLD BANK CLOSE is 75m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% of detached houses houses in Bredbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bredbury, and where 12 OLD BANK CLOSE lies on this distribution: 32% of detached houses houses are smaller than 12 OLD BANK CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bredbury.

12 OLD BANK CLOSE: Plot and Title Map

12 OLD BANK CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 12 OLD BANK 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 12 OLD BANK 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 12 OLD BANK CLOSE?

12 OLD BANK CLOSE is located in BREDBURY, in the SK6 postcode district. The below map shows the position of No. 12 on OLD BANK CLOSE.