12, VERNON DRIVE, MARPLE, STOCKPORT, SK6 6JH - £335,000

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

12 VERNON DRIVE is a small extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £335,000 in December 2023, which was around 32% below the average December 2023 detached price in the Stockport local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

12 VERNON DRIVE Sold Prices

Land registry data shows three sales for 12 VERNON DRIVE since 1^st 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. All of the three 12 VERNON DRIVE 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
2023 6 DEC	£335,000	£490,708	32% below HPI
2012 17 FEB	£210,000	£270,046	22% below HPI
2004 7 MAY	£167,500	£230,662	27% below HPI

12 VERNON DRIVE 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 three 12 VERNON DRIVE sales between May 2004 and December 2023 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 February 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 VERNON DRIVE?

12 VERNON DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% of detached houses in Marple, based on EPC data. The below chart shows the distribution of detached houses by size in Marple, and where 12 VERNON DRIVE lies on this distribution: 33% of detached houses are smaller than 12 VERNON DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Marple.

12 VERNON DRIVE: Plot and Title Map

12 VERNON DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 VERNON DRIVE, 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 12 VERNON DRIVE). 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 12 VERNON DRIVE?

12 VERNON DRIVE is located in MARPLE, in the SK6 postcode district. The below map shows the position of No. 12 on VERNON DRIVE.