24, PATCH LANE, BRAMHALL, STOCKPORT, SK7 1HX - £540,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

24 PATCH LANE is a midsized extended detached house of 147m², built sometime between 1950 and 1966. It was last sold for £540,000 in June 2016, which was around 63% above the average June 2016 detached price in the Stockport local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

24 PATCH LANE Sold Prices

Land registry data shows three sales for 24 PATCH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. All of the three 24 PATCH LANE sales were 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
2016 23 JUN	£540,000	£330,455	63% above HPI
2001 18 JAN	£249,950	£143,603	74% above HPI
1998 2 SEP	£152,000	£110,812	37% above HPI

24 PATCH LANE 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 three 24 PATCH LANE sales between September 1998 and June 2016 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 January 2001 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2016 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 24 PATCH LANE?

24 PATCH LANE is 147m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Bramhall, based on EPC data. The below chart shows the distribution of detached houses by size in Bramhall, and where 24 PATCH LANE lies on this distribution: 54% of detached houses are smaller than 24 PATCH LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bramhall.

24 PATCH LANE: Plot and Title Map

24 PATCH LANE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 24 PATCH 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 24 PATCH 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.

Where is 24 PATCH LANE?

24 PATCH LANE is located in BRAMHALL, in the SK7 postcode district. The below map shows the position of No. 24 on PATCH LANE.