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 THE NEWLANDS is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £280,000 in August 2022, which was around 50% below the average August 2022 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 1 THE NEWLANDS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. Both of the two 1 THE NEWLANDS 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 |
---|---|---|---|
2022 5 AUG | £280,000 | £561,981 | 50% below HPI |
2019 31 MAY | £215,000 | £476,871 | 55% below HPI |
The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two 1 THE NEWLANDS sales from May 2019 and August 2022 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 May 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2022 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.
1 THE NEWLANDS is 79m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Studley, based on EPC data. The below chart shows the distribution of detached houses by size in Studley, and where 1 THE NEWLANDS lies on this distribution: 7% of detached houses are smaller than 1 THE NEWLANDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Studley.
1 THE NEWLANDS sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 1 THE NEWLANDS, 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 THE NEWLANDS). 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 THE NEWLANDS is located in STUDLEY, in the B80 postcode district. The below map shows the position of No. 1 on THE NEWLANDS.