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
FLAT 2 78 OFFERTON LANE is a very small detached house of 39m², built sometime between 2003 and 2006. It was last sold for £270,000 in March 2006, which was around 3% above the average March 2006 detached price in the Stockport local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for FLAT 2 78 OFFERTON LANE since 1st 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. Most of the four FLAT 2 78 OFFERTON LANE 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 |
---|---|---|---|
2006 17 MAR | £270,000 | £262,760 | 3% above HPI |
2003 28 NOV | £210,000 | £219,254 | 4% below HPI |
2002 21 NOV | £132,000 | £187,128 | 29% below HPI |
2002 26 JUL | £110,000 | £176,195 | 38% below HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The four FLAT 2 78 OFFERTON LANE sales between July 2002 and March 2006 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 November 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2006 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
FLAT 2 78 OFFERTON LANE is 39m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses in Stockport, based on EPC data. The below chart shows the distribution of detached houses by size in Stockport, and where FLAT 2 78 OFFERTON LANE lies on this distribution: Less than 1% of detached houses are smaller than FLAT 2 78 OFFERTON LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stockport.
FLAT 2 78 OFFERTON LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of FLAT 2 78 OFFERTON LANE, 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 FLAT 2 78 OFFERTON LANE). 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.
FLAT 2, 78 OFFERTON LANE is located in STOCKPORT, in the SK2 postcode district. The below map shows the position of No. 78 on OFFERTON LANE.