16, RED LION CLOSE, TALKE, STOKE-ON-TRENT, ST7 1SZ - £147,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 RED LION CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £177,908. It was last sold for £147,500 in December 2020, which was around 41% below the average December 2020 detached price in the Newcastle-under-Lyme local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

16 RED LION CLOSE Sold Prices

Land registry data shows five sales for 16 RED LION CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newcastle-under-Lyme local authority area for the corresponding sale date. All of the five 16 RED LION CLOSE 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
2020 11 DEC	£147,500	£250,386	41% below HPI
2009 18 DEC	£115,000	£177,676	35% below HPI
2004 26 NOV	£120,000	£167,945	29% below HPI
1998 17 APR	£49,000	£70,393	30% below HPI
1997 26 SEP	£23,000	£70,591	67% below HPI

16 RED LION CLOSE 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 five 16 RED LION CLOSE sales between September 1997 and December 2020 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 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 RED LION CLOSE be worth now?

16 RED LION CLOSE might now be worth an estimated £177,908.

This is based on house price inflation of 20.6%, between December 2020 and February 2025, for detached houses, in the Newcastle-under-Lyme local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 16 RED LION CLOSE of £147,500 on 11th December 2020. For the value to have increased from £147,500 to £177,908 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 RED LION CLOSE has moved in line with the HPI for detached houses in the Newcastle-under-Lyme local authority area.
• The December 2020 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 16 RED LION CLOSE has not materially changed since December 2020.

How Large is 16 RED LION CLOSE?

16 RED LION CLOSE is 56m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of detached houses houses in Talke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Talke, and where 16 RED LION CLOSE lies on this distribution: 6% of detached houses houses are smaller than 16 RED LION CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Talke.

16 RED LION CLOSE: Plot and Title Map

16 RED LION CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 16 RED LION 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 16 RED LION 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 16 RED LION CLOSE?

16 RED LION CLOSE is located in TALKE, in the ST7 postcode district. The below map shows the position of No. 16 on RED LION CLOSE.