40, BROADWAY, CHEADLE, SK8 1LD - £1,130,000

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.

40 BROADWAY is a very large extended detached house of 379m², built sometime between 1950 and 1966, which could now be worth an estimated £1,543,389. It was last sold for £1,130,000 in May 2018, which was around 197% above the average May 2018 detached price in the Stockport local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

40 BROADWAY Sold Prices

Land registry data shows three sales for 40 BROADWAY 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 40 BROADWAY 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
2018 29 MAY	£1,130,000	£380,083	197% above HPI
2008 29 SEP	£1,020,000	£289,596	252% above HPI
2004 12 AUG	£605,000	£258,482	134% above HPI

40 BROADWAY 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 40 BROADWAY sales between August 2004 and May 2018 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 2008 sale was for 252% above the HPI. So the extrapolation line tracks at 252% above the HPI over time, until the May 2018 sale, where it falls to 197% above the HPI. The line then continues to track at 197% above the HPI.

What might 40 BROADWAY be worth now?

40 BROADWAY might now be worth an estimated £1,543,389.

This is based on house price inflation of 36.6%, between May 2018 and February 2025, for detached houses, in the Stockport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.6% inflationary increase is applied to the most recent sale price for 40 BROADWAY of £1,130,000 on 29th May 2018. For the value to have increased from £1,130,000 to £1,543,389 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 40 BROADWAY has moved in line with the HPI for detached houses in the Stockport local authority area.
• The May 2018 sale price of £1,130,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BROADWAY has not materially changed since May 2018.

How Large is 40 BROADWAY?

40 BROADWAY is 379m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheadle, and where 40 BROADWAY lies on this distribution: 99% of detached houses houses are smaller than 40 BROADWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

40 BROADWAY: Plot and Title Map

40 BROADWAY sits on a plot of roughly 0.358 of an acre, or 1,449m². The below map shows the location of 40 BROADWAY, 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 40 BROADWAY). 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 40 BROADWAY?

40 BROADWAY is located in CHEADLE, in the SK8 postcode district. The below map shows the position of No. 40 on BROADWAY.