2, VENTURE WAY, POYNTON, STOCKPORT, SK12 1RA - £346,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 VENTURE WAY is a very small detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £416,175. It was last sold for £346,000 in October 2021, which was around 14% below the average October 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

2 VENTURE WAY Sold Prices

Land registry data shows three sales for 2 VENTURE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 2 VENTURE WAY 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
2021 8 OCT	£346,000	£400,968	14% below HPI
2008 7 FEB	£224,500	£298,874	25% below HPI
2000 31 MAR	£102,500	£125,652	18% below HPI

2 VENTURE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 2 VENTURE WAY sales between March 2000 and October 2021 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 February 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 VENTURE WAY be worth now?

2 VENTURE WAY might now be worth an estimated £416,175.

This is based on house price inflation of 20.3%, between October 2021 and February 2025, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.3% inflationary increase is applied to the most recent sale price for 2 VENTURE WAY of £346,000 on 8th October 2021. For the value to have increased from £346,000 to £416,175 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 VENTURE WAY has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The October 2021 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VENTURE WAY has not materially changed since October 2021.

How Large is 2 VENTURE WAY?

2 VENTURE WAY is 66m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses houses in Poynton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Poynton, and where 2 VENTURE WAY lies on this distribution: 4% of detached houses houses are smaller than 2 VENTURE WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Poynton.

2 VENTURE WAY: Plot and Title Map

2 VENTURE WAY sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 2 VENTURE WAY, 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 VENTURE WAY). 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 VENTURE WAY?

2 VENTURE WAY is located in POYNTON, in the SK12 postcode district. The below map shows the position of No. 2 on VENTURE WAY.