2, THE DRIVE, BREDBURY, STOCKPORT, SK6 2DU - £247,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE DRIVE is a very large extended detached house of 132m², built sometime between 1900 and 1929. It was last sold for £247,500 in September 2014, which was around 17% below the average September 2014 detached price in the Stockport local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

2 THE DRIVE Sold Prices

Land registry data shows four sales for 2 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. Most of the four 2 THE 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
2014 30 SEP	£247,500	£298,827	17% below HPI
2003 18 NOV	£155,000	£219,254	29% below HPI
2003 19 JUN	£134,000	£207,418	35% below HPI
1997 30 SEP	£146,000	£103,662	41% above HPI

2 THE 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 four 2 THE DRIVE sales between September 1997 and September 2014 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 November 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 THE DRIVE?

2 THE DRIVE is 132m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in Bredbury, based on EPC data. The below chart shows the distribution of detached houses by size in Bredbury, and where 2 THE DRIVE lies on this distribution: 87% of detached houses are smaller than 2 THE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bredbury.

2 THE DRIVE: Plot and Title Map

2 THE DRIVE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 2 THE 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 THE 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 THE DRIVE?

2 THE DRIVE is located in BREDBURY, in the SK6 postcode district. The below map shows the position of No. 2 on THE DRIVE.