8, PALERMO DRIVE, STOKE-ON-TRENT, ST3 5YP - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PALERMO DRIVE is a small extended detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £225,018. It was last sold for £165,000 in October 2017, which was around 1% below the average October 2017 detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

8 PALERMO DRIVE Sold Prices

Land registry data shows three sales for 8 PALERMO DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stoke-on-Trent local authority area for the corresponding sale date. One of the three 8 PALERMO DRIVE sales was for below the average price, whilst two 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
2017 27 OCT	£165,000	£167,260	1% below HPI
2006 12 OCT	£153,500	£148,494	3% above HPI
2003 27 JUN	£98,500	£87,488	13% above HPI

8 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 three 8 PALERMO DRIVE sales between June 2003 and October 2017 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 October 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 PALERMO DRIVE be worth now?

8 PALERMO DRIVE might now be worth an estimated £225,018.

This is based on house price inflation of 36.4%, between October 2017 and February 2025, for detached houses, in the Stoke-on-Trent local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.4% inflationary increase is applied to the most recent sale price for 8 PALERMO DRIVE of £165,000 on 27th October 2017. For the value to have increased from £165,000 to £225,018 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 PALERMO DRIVE has moved in line with the HPI for detached houses in the Stoke-on-Trent local authority area.
• The October 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PALERMO DRIVE has not materially changed since October 2017.

How Large is 8 PALERMO DRIVE?

8 PALERMO DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses houses in Stoke-on-Trent, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke-on-Trent, and where 8 PALERMO DRIVE lies on this distribution: 36% of detached houses houses are smaller than 8 PALERMO DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.

8 PALERMO DRIVE: Plot and Title Map

8 PALERMO DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 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 8 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 8 PALERMO DRIVE?

8 PALERMO DRIVE is located in STOKE-ON-TRENT, in the ST3 postcode district. The below map shows the position of No. 8 on PALERMO DRIVE.