8, MARCHBANK DRIVE, CHEADLE, SK8 1QY - £628,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 MARCHBANK DRIVE is a large extended detached house of 166m², built sometime between 1983 and 1990. It was last sold for £628,000 in October 2022, which was around 24% above the average October 2022 detached price in the Stockport local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

8 MARCHBANK DRIVE Sold Prices

Land registry data shows two sales for 8 MARCHBANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. Both of the two 8 MARCHBANK DRIVE 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
2022 26 OCT	£628,000	£507,888	24% above HPI
2009 28 AUG	£330,000	£257,067	28% above HPI

8 MARCHBANK DRIVE 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 two 8 MARCHBANK DRIVE sales from August 2009 and October 2022 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 August 2009 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 8 MARCHBANK DRIVE?

8 MARCHBANK DRIVE is 166m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Cheadle, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle, and where 8 MARCHBANK DRIVE lies on this distribution: 72% of detached houses are smaller than 8 MARCHBANK DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Cheadle.

8 MARCHBANK DRIVE: Plot and Title Map

8 MARCHBANK DRIVE sits on a plot of roughly 4.0 acres, or 16,313m². The below map shows the location of 8 MARCHBANK DRIVE, 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 8 MARCHBANK DRIVE). 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 8 MARCHBANK DRIVE?

8 MARCHBANK DRIVE is located in CHEADLE, in the SK8 postcode district. The below map shows the position of No. 8 on MARCHBANK DRIVE.