38, OFFERTON DRIVE, STOCKPORT, SK2 5QS - £220,000

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

38 OFFERTON DRIVE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £220,000 in June 2024, which was around 57% below the average June 2024 detached price in the Stockport local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

38 OFFERTON DRIVE Sold Prices

Land registry data shows two sales for 38 OFFERTON 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 38 OFFERTON 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
2024 7 JUN	£220,000	£507,831	57% below HPI
1998 27 NOV	£80,000	£111,691	28% below HPI

38 OFFERTON 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 38 OFFERTON DRIVE sales from November 1998 and June 2024 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 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2024 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 38 OFFERTON DRIVE?

38 OFFERTON DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 38 OFFERTON DRIVE lies on this distribution: 13% of detached houses are smaller than 38 OFFERTON DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Stockport.

38 OFFERTON DRIVE: Plot and Title Map

38 OFFERTON DRIVE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 38 OFFERTON 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 38 OFFERTON 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 38 OFFERTON DRIVE?

38 OFFERTON DRIVE is located in STOCKPORT, in the SK2 postcode district. The below map shows the position of No. 38 on OFFERTON DRIVE.