2, HOMER DRIVE, MARPLE BRIDGE, STOCKPORT, SK6 5DR - £350,000

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.

2 HOMER DRIVE is a small extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £468,869. It was last sold for £350,000 in May 2018, which was around 8% below the average May 2018 detached price in the Stockport local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.

2 HOMER DRIVE Sold Prices

Land registry data shows two sales for 2 HOMER 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. One of the two 2 HOMER DRIVE sales was for below the average price, whilst the other was 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
2018 4 MAY	£350,000	£380,083	8% below HPI
1997 26 SEP	£114,000	£107,280	6% above HPI

2 HOMER 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 2 HOMER DRIVE sales from September 1997 and May 2018 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 September 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 HOMER DRIVE be worth now?

2 HOMER DRIVE might now be worth an estimated £468,869.

This is based on house price inflation of 34%, between May 2018 and March 2025, for detached houses, in the Stockport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34% inflationary increase is applied to the most recent sale price for 2 HOMER DRIVE of £350,000 on 4th May 2018. For the value to have increased from £350,000 to £468,869 over the seven years and two months to March 2025, the following assumptions must hold true:

• The value of 2 HOMER DRIVE has moved in line with the HPI for detached houses in the Stockport local authority area.
• The May 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOMER DRIVE has not materially changed since May 2018.

How Large is 2 HOMER DRIVE?

2 HOMER DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% of detached houses houses in Marple Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marple Bridge, and where 2 HOMER DRIVE lies on this distribution: 27% of detached houses houses are smaller than 2 HOMER DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Marple Bridge.

2 HOMER DRIVE: Plot and Title Map

2 HOMER DRIVE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 HOMER 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 2 HOMER 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 2 HOMER DRIVE?

2 HOMER DRIVE is located in MARPLE BRIDGE, in the SK6 postcode district. The below map shows the position of No. 2 on HOMER DRIVE.