8, OLD BANK CLOSE, BREDBURY, STOCKPORT, SK6 1AF - £367,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 OLD BANK CLOSE is a very large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £439,699. It was last sold for £367,500 in January 2021, which was around 17% below the average January 2021 detached price in the Stockport local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

8 OLD BANK CLOSE Sold Prices

Land registry data shows three sales for 8 OLD BANK CLOSE 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 8 OLD BANK CLOSE 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
2021 29 JAN	£367,500	£444,356	17% below HPI
2004 28 JUN	£237,000	£245,892	4% below HPI
2002 2 AUG	£175,000	£187,386	7% below HPI

8 OLD BANK CLOSE 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 8 OLD BANK CLOSE sales between August 2002 and January 2021 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 June 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 OLD BANK CLOSE be worth now?

8 OLD BANK CLOSE might now be worth an estimated £439,699.

This is based on house price inflation of 19.6%, between January 2021 and December 2024, 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 19.6% inflationary increase is applied to the most recent sale price for 8 OLD BANK CLOSE of £367,500 on 29th January 2021. For the value to have increased from £367,500 to £439,699 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 8 OLD BANK CLOSE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The January 2021 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OLD BANK CLOSE has not materially changed since January 2021.

How Large is 8 OLD BANK CLOSE?

8 OLD BANK CLOSE is 134m² according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses houses in Bredbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bredbury, and where 8 OLD BANK CLOSE lies on this distribution: 88% of detached houses houses are smaller than 8 OLD BANK CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bredbury.

8 OLD BANK CLOSE: Plot and Title Map

8 OLD BANK CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 8 OLD BANK CLOSE, 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 OLD BANK CLOSE). 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 OLD BANK CLOSE?

8 OLD BANK CLOSE is located in BREDBURY, in the SK6 postcode district. The below map shows the position of No. 8 on OLD BANK CLOSE.