2, TERSON WAY, STOKE-ON-TRENT, ST3 5RQ - £146,000

2 TERSON WAY is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £146,000 in July 2019, which was around 19% below the average July 2019 detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

2 TERSON WAY Sold Prices

Land registry data shows three sales for 2 TERSON WAY 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. All of the three 2 TERSON WAY 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
2019 19 JUL	£146,000	£179,857	19% below HPI
2014 18 DEC	£117,000	£145,366	20% below HPI
1999 3 MAR	£49,950	£58,630	15% below HPI

2 TERSON WAY 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 2 TERSON WAY sales between March 1999 and July 2019 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 TERSON WAY?

2 TERSON WAY is 55m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 2 TERSON WAY lies on this distribution: 4% of detached houses are smaller than 2 TERSON WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.

2 TERSON WAY: Plot and Title Map

2 TERSON WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 2 TERSON WAY, 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 TERSON WAY). 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 TERSON WAY?

2 TERSON WAY is located in STOKE-ON-TRENT, in the ST3 postcode district. The below map shows the position of No. 2 on TERSON WAY.