2, MARTHAM DRIVE, STOCKPORT, SK2 5XZ - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MARTHAM DRIVE is a very small semi-detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £266,992. It was last sold for £230,000 in August 2021, which was around 17% below the average August 2021 semi-detached price in the Stockport local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

2 MARTHAM DRIVE Sold Prices

Land registry data shows two sales for 2 MARTHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stockport local authority area for the corresponding sale date. Both of the two 2 MARTHAM 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
2021 20 AUG	£230,000	£276,529	17% below HPI
2005 14 MAR	£135,146	£163,862	18% below HPI

2 MARTHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stockport local authority area over time, sourced from the HPI. The two 2 MARTHAM DRIVE sales from March 2005 and August 2021 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 March 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 MARTHAM DRIVE be worth now?

2 MARTHAM DRIVE might now be worth an estimated £266,992.

This is based on house price inflation of 16.1%, between August 2021 and March 2025, for semi-detached houses, in the Stockport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 2 MARTHAM DRIVE of £230,000 on 20th August 2021. For the value to have increased from £230,000 to £266,992 over the four years and five months to March 2025, the following assumptions must hold true:

• The value of 2 MARTHAM DRIVE has moved in line with the HPI for semi-detached houses in the Stockport local authority area.
• The August 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARTHAM DRIVE has not materially changed since August 2021.

How Large is 2 MARTHAM DRIVE?

2 MARTHAM DRIVE is 65m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of semi-detached houses houses in Stockport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stockport, and where 2 MARTHAM DRIVE lies on this distribution: 4% of semi-detached houses houses are smaller than 2 MARTHAM DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stockport.

2 MARTHAM DRIVE: Plot and Title Map

2 MARTHAM DRIVE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 2 MARTHAM 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 2 MARTHAM 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 2 MARTHAM DRIVE?

2 MARTHAM DRIVE is located in STOCKPORT, in the SK2 postcode district. The below map shows the position of No. 2 on MARTHAM DRIVE.