1, FESTIVAL CLOSE, STOKE-ON-TRENT, ST6 3LG - £135,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FESTIVAL CLOSE is a small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £135,000 in December 2008, which was around 10% below the average December 2008 detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1 FESTIVAL CLOSE Sold Prices

Land registry data shows two sales for 1 FESTIVAL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stoke-on-Trent local authority area for the corresponding sale date. One of the two 1 FESTIVAL CLOSE 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
2008 22 DEC	£135,000	£149,973	10% below HPI
2002 1 AUG	£82,500	£75,419	9% above HPI

1 FESTIVAL CLOSE 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 two 1 FESTIVAL CLOSE sales from August 2002 and December 2008 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 August 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2008 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 FESTIVAL CLOSE?

1 FESTIVAL CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 30% 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 1 FESTIVAL CLOSE lies on this distribution: 27% of detached houses are smaller than 1 FESTIVAL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.

1 FESTIVAL CLOSE: Plot and Title Map

1 FESTIVAL CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 1 FESTIVAL CLOSE, 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 1 FESTIVAL CLOSE). 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 1 FESTIVAL CLOSE?

1 FESTIVAL CLOSE is located in STOKE-ON-TRENT, in the ST6 postcode district. The below map shows the position of No. 1 on FESTIVAL CLOSE.