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 OLD BANK CLOSE is a very large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £367,500 in January 2021, which was around 14% 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.
Land registry data shows three sales for 8 OLD BANK CLOSE since 1st 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. The three 8 OLD BANK CLOSE sales were a mix of below the average price, and roughly equal to 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 | £429,371 | 14% below HPI |
2004 28 JUN | £237,000 | £237,600 | Close to HPI |
2002 2 AUG | £175,000 | £181,067 | 3% below HPI |
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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
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 in Bredbury, based on EPC data. The below chart shows the distribution of detached houses by size in Bredbury, and where 8 OLD BANK CLOSE lies on this distribution: 87% of detached 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 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.
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.