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
62 MERRION DRIVE is a small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £172,500 in January 2020, which was around 6% below the average January 2020 detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 62 MERRION DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stoke-on-Trent local authority area for the corresponding sale date. All of the four 62 MERRION 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 |
---|---|---|---|
2020 17 JAN | £172,500 | £183,558 | 6% below HPI |
2019 4 JAN | £170,575 | £176,424 | 3% below HPI |
2017 7 SEP | £89,000 | £168,593 | 47% below HPI |
2006 14 SEP | £132,500 | £148,133 | 11% below HPI |
The below graph shows the average detached house price in the Stoke-on-Trent local authority area over time, sourced from the HPI. The four 62 MERRION DRIVE sales between September 2006 and January 2020 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 January 2019 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
62 MERRION DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% 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 62 MERRION DRIVE lies on this distribution: 31% of detached houses are smaller than 62 MERRION DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.
62 MERRION DRIVE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 62 MERRION 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 62 MERRION 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.
62 MERRION DRIVE is located in STOKE-ON-TRENT, in the ST6 postcode district. The below map shows the position of No. 62 on MERRION DRIVE.