2, LORNA GROVE, GATLEY, CHEADLE, SK8 4EB - £285,000

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

2 LORNA GROVE is a very small detached house of 100m², built sometime between 1930 and 1949. It was last sold for £285,000 in November 2015, which was around 11% below the average November 2015 detached price in the Stockport local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

2 LORNA GROVE Sold Prices

Land registry data shows two sales for 2 LORNA GROVE 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 2 LORNA GROVE 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
2015 10 NOV	£285,000	£318,546	11% below HPI
2014 21 MAR	£175,000	£282,764	38% below HPI

2 LORNA GROVE 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 LORNA GROVE sales from March 2014 and November 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 March 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 LORNA GROVE?

2 LORNA GROVE is 100m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Gatley, based on EPC data. The below chart shows the distribution of detached houses by size in Gatley, and where 2 LORNA GROVE lies on this distribution: 19% of detached houses are smaller than 2 LORNA GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gatley.

2 LORNA GROVE: Plot and Title Map

2 LORNA GROVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 2 LORNA GROVE, 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 LORNA GROVE). 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 LORNA GROVE?

2 LORNA GROVE is located in GATLEY, in the SK8 postcode district. The below map shows the position of No. 2 on LORNA GROVE.