3, PALERMO DRIVE, STOKE-ON-TRENT, ST3 5YP - £275,000

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

3 PALERMO DRIVE is a midsized detached house of 95m², built sometime between 2003 and 2006. It was last sold for £275,000 in January 2022, which was around 30% above the average January 2022 detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

3 PALERMO DRIVE Sold Prices

Land registry data shows two sales for 3 PALERMO DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stoke-on-Trent local authority area for the corresponding sale date. Both of the two 3 PALERMO 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
2022 14 JAN	£275,000	£211,052	30% above HPI
2006 18 MAY	£172,000	£145,409	18% above HPI

3 PALERMO DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stoke-on-Trent local authority area over time, sourced from the HPI. The two 3 PALERMO DRIVE sales from May 2006 and January 2022 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 May 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 3 PALERMO DRIVE?

3 PALERMO DRIVE is 95m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Stoke-on-Trent, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke-on-Trent, and where 3 PALERMO DRIVE lies on this distribution: 49% of detached houses are smaller than 3 PALERMO DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.

3 PALERMO DRIVE: Plot and Title Map

3 PALERMO DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 3 PALERMO 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 3 PALERMO 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 3 PALERMO DRIVE?

3 PALERMO DRIVE is located in STOKE-ON-TRENT, in the ST3 postcode district. The below map shows the position of No. 3 on PALERMO DRIVE.