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 SPEY DRIVE is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £197,500 in March 2021, which was around 22% below the average March 2021 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 SPEY DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the four 1 SPEY 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 |
---|---|---|---|
2021 4 MAR | £197,500 | £252,697 | 22% below HPI |
2015 7 AUG | £160,000 | £204,456 | 22% below HPI |
2012 8 JUN | £169,950 | £177,377 | 4% below HPI |
2000 14 APR | £63,000 | £77,201 | 18% below HPI |
The below graph shows the average detached house price in the Newcastle-under-Lyme local authority area over time, sourced from the HPI. The four 1 SPEY DRIVE sales between April 2000 and March 2021 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2021 sale, which was also at 22% below the HPI.
1 SPEY DRIVE is 72m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Kidsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Kidsgrove, and where 1 SPEY DRIVE lies on this distribution: 18% of detached houses are smaller than 1 SPEY DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Kidsgrove.
1 SPEY DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 1 SPEY 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 1 SPEY 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.
1 SPEY DRIVE is located in KIDSGROVE, in the ST7 postcode district. The below map shows the position of No. 1 on SPEY DRIVE.