Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
16 OLD BANK CLOSE is a large extended detached house of 118m², built sometime between 1991 and 1995. It was last sold for £262,000 in December 2011, which was around 2% below the average December 2011 detached price in the Stockport local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 16 OLD BANK CLOSE since 1st 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. One of the two 16 OLD BANK CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2011 5 DEC | £262,000 | £266,542 | 2% below HPI |
2002 29 APR | £171,000 | £164,868 | 4% above HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The two 16 OLD BANK CLOSE sales from April 2002 and December 2011 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 April 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2011 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
16 OLD BANK CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Bredbury, based on EPC data. The below chart shows the distribution of detached houses by size in Bredbury, and where 16 OLD BANK CLOSE lies on this distribution: 80% of detached houses are smaller than 16 OLD BANK CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Bredbury.
16 OLD BANK CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 16 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 16 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.
16 OLD BANK CLOSE is located in BREDBURY, in the SK6 postcode district. The below map shows the position of No. 16 on OLD BANK CLOSE.