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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 BROADWAY is a very large extended detached house of 379m², built sometime between 1950 and 1966. It was last sold for £1,130,000 in May 2018, which was around 208% 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	£367,265	208% above HPI
2008 29 SEP	£1,020,000	£279,830	265% above HPI
2004 12 AUG	£605,000	£249,765	142% 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 265% above the HPI. So the extrapolation line tracks at 265% above the HPI over time, until the May 2018 sale, where it falls to 208% above the HPI. The line then continues to track at 208% above the HPI.

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 in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 40 BROADWAY lies on this distribution: 99% of detached 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.