12, PARKLANDS, ROMILEY, STOCKPORT, SK6 4LX - £375,000

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.

12 PARKLANDS is a large detached house of 137m², built sometime between 2003 and 2006, which could now be worth an estimated £603,500. It was last sold for £375,000 in August 2015, which was around 16% above the average August 2015 detached price in the Stockport local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

12 PARKLANDS Sold Prices

Land registry data shows two sales for 12 PARKLANDS 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 12 PARKLANDS 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
2015 6 AUG	£375,000	£322,574	16% above HPI
2005 28 OCT	£365,000	£274,888	33% above HPI

12 PARKLANDS 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 12 PARKLANDS sales from October 2005 and August 2015 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 2005 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2015 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 12 PARKLANDS be worth now?

12 PARKLANDS might now be worth an estimated £603,500.

This is based on house price inflation of 60.9%, between August 2015 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 60.9% inflationary increase is applied to the most recent sale price for 12 PARKLANDS of £375,000 on 6th August 2015. For the value to have increased from £375,000 to £603,500 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 12 PARKLANDS has moved in line with the HPI for detached houses in the Stockport local authority area.
• The August 2015 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PARKLANDS has not materially changed since August 2015.

How Large is 12 PARKLANDS?

12 PARKLANDS is 137m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses houses in Romiley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romiley, and where 12 PARKLANDS lies on this distribution: 63% of detached houses houses are smaller than 12 PARKLANDS, and 36% of houses are larger. Note that EPC data is not available for all properties in Romiley.

12 PARKLANDS: Plot and Title Map

12 PARKLANDS sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 12 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

12 PARKLANDS is located in ROMILEY, in the SK6 postcode district. The below map shows the position of No. 12 on PARKLANDS.