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 OLD WOOL LANE is a large extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £341,000 in September 2014, which was around 14% above the average September 2014 detached price in the Stockport local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 OLD WOOL LANE 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 2 OLD WOOL LANE 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 |
---|---|---|---|
2014 18 SEP | £341,000 | £298,827 | 14% above HPI |
2008 2 MAY | £245,000 | £293,933 | 17% below HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The two 2 OLD WOOL LANE sales from May 2008 and September 2014 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 May 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.
2 OLD WOOL LANE is 166m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 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 OLD WOOL LANE lies on this distribution: 78% of detached houses are smaller than 2 OLD WOOL LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.
2 OLD WOOL LANE sits on a plot of roughly 1.8 acres, or 7,250m². The below map shows the location of 2 OLD WOOL LANE, 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 OLD WOOL LANE). 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.
2 OLD WOOL LANE is located in CHEADLE HULME, in the SK8 postcode district. The below map shows the position of No. 2 on OLD WOOL LANE.