2, BANKFIELD ROAD, CHEADLE HULME, CHEADLE, SK8 6EY - £565,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BANKFIELD ROAD is a small extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £565,000 in June 2022, which was around 18% above the average June 2022 detached price in the Stockport local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 BANKFIELD ROAD Sold Prices

Land registry data shows two sales for 2 BANKFIELD ROAD 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. One of the two 2 BANKFIELD ROAD sales was for above the average price, whilst the other was 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
2022 22 JUN	£565,000	£480,781	18% above HPI
2014 19 DEC	£245,000	£294,449	17% below HPI

2 BANKFIELD 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 two 2 BANKFIELD ROAD sales from December 2014 and June 2022 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 December 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 BANKFIELD ROAD?

2 BANKFIELD ROAD is 107m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Cheadle Hulme, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle Hulme, and where 2 BANKFIELD ROAD lies on this distribution: 29% of detached houses are smaller than 2 BANKFIELD ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.

2 BANKFIELD ROAD: Plot and Title Map

2 BANKFIELD ROAD sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 2 BANKFIELD 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 2 BANKFIELD 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 2 BANKFIELD ROAD?

2 BANKFIELD ROAD is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 2 on BANKFIELD ROAD.