3, SCHOLARS DRIVE, STOCKPORT, SK3 0BX - £300,000

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

3 SCHOLARS DRIVE is a very small extended detached house of 79m², built sometime from 2007 onwards. It was last sold for £300,000 in April 2021, which was around 29% below the average April 2021 detached price in the Stockport local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

3 SCHOLARS DRIVE Sold Prices

Land registry data shows two sales for 3 SCHOLARS 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 Stockport local authority area for the corresponding sale date. Both of the two 3 SCHOLARS 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 16 APR	£300,000	£423,401	29% below HPI
2007 14 DEC	£247,950	£297,741	17% below HPI

3 SCHOLARS 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 two 3 SCHOLARS DRIVE sales from December 2007 and April 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 December 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 SCHOLARS DRIVE?

3 SCHOLARS DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 3 SCHOLARS DRIVE lies on this distribution: 14% of detached houses are smaller than 3 SCHOLARS DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Stockport.

3 SCHOLARS DRIVE: Plot and Title Map

3 SCHOLARS DRIVE sits on a plot of roughly 1.5 acres, or 6,032m². The below map shows the location of 3 SCHOLARS 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 SCHOLARS 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 SCHOLARS DRIVE?

3 SCHOLARS DRIVE is located in STOCKPORT, in the SK3 postcode district. The below map shows the position of No. 3 on SCHOLARS DRIVE.