4, SPRINGWOOD LANE, ROMILEY, STOCKPORT, SK6 4JL - £318,000

4 SPRINGWOOD LANE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £318,000 in July 2016, which was around 5% below the average July 2016 detached price in the Stockport local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

4 SPRINGWOOD LANE Sold Prices

Land registry data shows two sales for 4 SPRINGWOOD LANE 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. Both of the two 4 SPRINGWOOD 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
2016 20 JUL	£318,000	£335,007	5% below HPI
2003 30 SEP	£175,000	£215,561	19% below HPI

4 SPRINGWOOD LANE 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 4 SPRINGWOOD LANE sales from September 2003 and July 2016 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 SPRINGWOOD LANE?

4 SPRINGWOOD LANE is 68m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Romiley, based on EPC data. The below chart shows the distribution of detached houses by size in Romiley, and where 4 SPRINGWOOD LANE lies on this distribution: 9% of detached houses are smaller than 4 SPRINGWOOD LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Romiley.

4 SPRINGWOOD LANE: Plot and Title Map

4 SPRINGWOOD LANE sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 4 SPRINGWOOD 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 4 SPRINGWOOD 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.

Where is 4 SPRINGWOOD LANE?

4 SPRINGWOOD LANE is located in ROMILEY, in the SK6 postcode district. The below map shows the position of No. 4 on SPRINGWOOD LANE.