2, MALVERN AVENUE, GATLEY, CHEADLE, SK8 4HT - £395,000

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 MALVERN AVENUE is a midsized extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £395,000 in November 2023, which was around 20% below the average November 2023 detached price in the Stockport local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

2 MALVERN AVENUE Sold Prices

Land registry data shows two sales for 2 MALVERN AVENUE 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 MALVERN AVENUE 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
2023 17 NOV	£395,000	£493,597	20% below HPI
1997 10 SEP	£113,000	£103,662	9% above HPI

2 MALVERN AVENUE 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 MALVERN AVENUE sales from September 1997 and November 2023 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 September 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 MALVERN AVENUE?

2 MALVERN AVENUE is 136m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% 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 MALVERN AVENUE lies on this distribution: 55% of detached houses are smaller than 2 MALVERN AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Gatley.

2 MALVERN AVENUE: Plot and Title Map

2 MALVERN AVENUE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 2 MALVERN AVENUE, 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 MALVERN AVENUE). 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 MALVERN AVENUE?

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