8, THORNWAY, HIGH LANE, STOCKPORT, SK6 8EL - £375,000

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 THORNWAY is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £375,000 in June 2024, which was around 26% below the average June 2024 detached price in the Stockport local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

8 THORNWAY Sold Prices

Land registry data shows four sales for 8 THORNWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. All of the four 8 THORNWAY 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
2024 12 JUN	£375,000	£507,831	26% below HPI
2020 3 SEP	£350,000	£415,304	16% below HPI
2003 4 SEP	£199,000	£215,561	8% below HPI
1997 27 JUL	£83,000	£103,473	20% below HPI

8 THORNWAY 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 four 8 THORNWAY sales between July 1997 and June 2024 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 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 THORNWAY?

8 THORNWAY is 74m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in High Lane, based on EPC data. The below chart shows the distribution of detached houses by size in High Lane, and where 8 THORNWAY lies on this distribution: 9% of detached houses are smaller than 8 THORNWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in High Lane.

8 THORNWAY: Plot and Title Map

8 THORNWAY sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 8 THORNWAY, 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 THORNWAY). 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 THORNWAY?

8 THORNWAY is located in HIGH LANE, in the SK6 postcode district. The below map shows the position of No. 8 on THORNWAY.