15, RIVER LEA MEWS, MADELEY, CREWE, CW3 9EH - £242,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 RIVER LEA MEWS is a large detached house of 129m², built sometime between 1996 and 2002. It was last sold for £242,000 in December 2021, which was around 12% below the average December 2021 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

15 RIVER LEA MEWS Sold Prices

Land registry data shows four sales for 15 RIVER LEA MEWS since 1^st 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 15 RIVER LEA MEWS 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 3 DEC	£242,000	£273,573	12% below HPI
2020 21 DEC	£205,000	£253,510	19% below HPI
2001 21 NOV	£94,000	£95,779	2% below HPI
2000 22 MAR	£75,000	£78,471	4% below HPI

15 RIVER LEA MEWS Price Paid vs. HPI Average

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 15 RIVER LEA MEWS sales between March 2000 and December 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 December 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 15 RIVER LEA MEWS?

15 RIVER LEA MEWS is 129m² according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Madeley, based on EPC data. The below chart shows the distribution of detached houses by size in Madeley, and where 15 RIVER LEA MEWS lies on this distribution: 62% of detached houses are smaller than 15 RIVER LEA MEWS, and 37% of houses are larger. Note that EPC data is not available for all properties in Madeley.

15 RIVER LEA MEWS: Plot and Title Map

15 RIVER LEA MEWS sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 15 RIVER LEA MEWS, 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 15 RIVER LEA MEWS). 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 15 RIVER LEA MEWS?

15 RIVER LEA MEWS is located in MADELEY, in the CW3 postcode district. The below map shows the position of No. 15 on RIVER LEA MEWS.