5, PRIEST AVENUE, GATLEY, CHEADLE, SK8 4JW - £315,000

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.

5 PRIEST AVENUE is a small extended detached house of 110m², built sometime between 1900 and 1929, which could now be worth an estimated £411,460. It was last sold for £315,000 in February 2019, which was around 21% below the average February 2019 detached price in the Stockport local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

5 PRIEST AVENUE Sold Prices

Land registry data shows three sales for 5 PRIEST AVENUE 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 5 PRIEST AVENUE 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
2019 28 FEB	£315,000	£397,428	21% below HPI
2018 21 DEC	£330,000	£398,715	17% below HPI
2005 5 APR	£250,000	£263,445	5% below HPI

5 PRIEST AVENUE 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 5 PRIEST AVENUE sales between April 2005 and February 2019 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 December 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 5 PRIEST AVENUE be worth now?

5 PRIEST AVENUE might now be worth an estimated £411,460.

This is based on house price inflation of 30.6%, between February 2019 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 30.6% inflationary increase is applied to the most recent sale price for 5 PRIEST AVENUE of £315,000 on 28th February 2019. For the value to have increased from £315,000 to £411,460 over the six years to February 2025, the following assumptions must hold true:

• The value of 5 PRIEST AVENUE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The February 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PRIEST AVENUE has not materially changed since February 2019.

How Large is 5 PRIEST AVENUE?

5 PRIEST AVENUE is 110m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses houses in Gatley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gatley, and where 5 PRIEST AVENUE lies on this distribution: 26% of detached houses houses are smaller than 5 PRIEST AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Gatley.

5 PRIEST AVENUE: Plot and Title Map

5 PRIEST AVENUE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 5 PRIEST AVENUE, 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 5 PRIEST AVENUE). 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 5 PRIEST AVENUE?

5 PRIEST AVENUE is located in GATLEY, in the SK8 postcode district. The below map shows the position of No. 5 on PRIEST AVENUE.