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
2B MILVERTON DRIVE is a very large detached house of 201m², built sometime between 1991 and 1995. It was last sold for £937,500 in October 2023, which was around 91% above the average October 2023 detached price in the Stockport local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows seven sales for 2B MILVERTON DRIVE since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Stockport local authority area for the corresponding sale date. All of the seven 2B MILVERTON DRIVE sales were for above 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 27 OCT | £937,500 | £491,382 | 91% above HPI |
2018 16 FEB | £827,500 | £363,645 | 128% above HPI |
2012 16 MAR | £588,800 | £266,909 | 121% above HPI |
2002 2 JUL | £470,000 | £176,195 | 167% above HPI |
2000 17 MAR | £350,000 | £125,890 | 178% above HPI |
1998 26 AUG | £285,000 | £109,750 | 160% above HPI |
1996 14 JUN | £247,500 | £93,866 | 164% above HPI |
The below graph shows the average detached house price in the Stockport local authority area over time, sourced from the HPI. The seven 2B MILVERTON DRIVE sales between June 1996 and October 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 2018 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the October 2023 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.
2B MILVERTON DRIVE is 201m² according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Cheadle Hulme, based on EPC data. The below chart shows the distribution of detached houses by size in Cheadle Hulme, and where 2B MILVERTON DRIVE lies on this distribution: 89% of detached houses are smaller than 2B MILVERTON DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Cheadle Hulme.
2B MILVERTON DRIVE sits on a plot of roughly 0.231 of an acre, or 937m². The below map shows the location of 2B MILVERTON 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 2B MILVERTON 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.
2B MILVERTON DRIVE is located in BRAMHALL, in the SK7 postcode district. The below map shows the position of No. 2B on MILVERTON DRIVE.