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
2 MERTON ROAD is a very small detached house of 84m², built sometime between 1900 and 1929. It was last sold for £219,950 in September 2017, which was around 39% below the average September 2017 detached price in the Stockport local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 MERTON ROAD since 1st 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 2 MERTON ROAD 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 |
---|---|---|---|
2017 15 SEP | £219,950 | £357,668 | 39% below HPI |
2005 22 MAR | £139,950 | £259,228 | 46% below HPI |
1999 21 DEC | £62,950 | £122,350 | 49% below HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The three 2 MERTON ROAD sales between December 1999 and September 2017 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2017 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
2 MERTON ROAD is 84m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Stockport, based on EPC data. The below chart shows the distribution of detached houses by size in Stockport, and where 2 MERTON ROAD lies on this distribution: 19% of detached houses are smaller than 2 MERTON ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Stockport.
2 MERTON ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 2 MERTON ROAD, 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 MERTON ROAD). 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.
2 MERTON ROAD is located in STOCKPORT, in the SK3 postcode district. The below map shows the position of No. 2 on MERTON ROAD.