THE OAKS, 21A, PATCH LANE, BRAMHALL, STOCKPORT, SK7 1HX - £625,000

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

THE OAKS is a small detached house of 112m², built in 2023. It was last sold for £625,000 in August 2022, which was around 26% above the average August 2022 detached price in the Stockport local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was A.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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. One of the two THE OAKS sales was for above the average price, whilst the other was 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
2022 19 AUG	£625,000	£496,808	26% above HPI
2021 3 SEP	£192,000	£433,475	56% below HPI

THE OAKS 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 THE OAKS sales from September 2021 and August 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 September 2021 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the August 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is THE OAKS?

THE OAKS is 112m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Bramhall, based on EPC data. The below chart shows the distribution of detached houses by size in Bramhall, and where THE OAKS lies on this distribution: 24% of detached houses are smaller than THE OAKS, and 75% of houses are larger. Note that EPC data is not available for all properties in Bramhall.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

THE OAKS is located on PATCH LANE in BRAMHALL, in the SK7 postcode district. The below map shows the position of THE OAKS on PATCH LANE.